Broker recommendations for The Wendy’s Co.
The The Wendy’s Co. stock is rated at 1.5 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Wednesday 30 September, 2020 by a total of 30 brokers. This means that the consensus of the 30 different brokers is leaning toward to overweight (moderate buy).
1 (3.33%) Underweight
0 (0%) Hold
13 (43.33%) Overweight
0 (0%) Buy
Price target by analysts
The 26 latest analyst estimates, per Monday 19 October, 2020, show the following high, low and average price targets.
Target Average: 24.52 USD
Target High: 28 USD
Target Low: 19 USD
The Wendy’s Company Names Kevin Vasconi Chief Information Officer
Monday, 19 October 2020, 14:30:00
DUBLIN, Ohio, Oct. 19, 2020 /PRNewswire/ — The Wendy’s Company (Nasdaq: WEN) announced the appointment of Kevin Vasconi, 59, as Chief Information Officer, effective today. He will report to President and Chief Executive Officer Todd Penegor and serve on Wendy’s Senior Leadership Team….
— PR Newswire
Premier Oil jumps 24% after announcing a reverse takeover with Chrysaor, forming the largest independent North Sea oil-and-gas producer
Tuesday, 6 October 2020, 13:08:42
Summary List Placement Shares in Premier Oil rose 24% after it announced a reverse merger with Chrysaor to form the largest independent oil and gas company in the UK’s North Sea. Premiere, whose shares have tumbled 80% this year, will hold up to 23% of the combined company of which its shareholders will own about 6%. Chrysaor would own at least 77%. American-born executive Linda Cook will be the CEO of the combined group, taking the number of women that hold the highest leadership positions at UK-listed oil and gas companies to two. While Premier shares jumped 24% at the open, the company traded up 10% in mid-morning UK trading. Visit Business Insider’s homepage for more stories . UK’s Premier Oil jumped as much as 24% on Tuesday after announcing a reverse merger with Chrysaor Holdings, together forming the largest London-listed independent oil-and-gas company. The deal would end a rough patch for Premier whose shares have plunged 80% this year from the combined effects of historically low oil prices and the direct impact of the coronavirus on its bottom line.
— Markets Insider
Bored Of Reheated Pasta? Benzinga’s Top Foods To Order Or Cook Has You Covered
Sunday, 10 May 2020, 22:30:22
Restaurants are slowly opening at limited capacity across America, but most consumers are still dependent on takeaway options or cook their own food at home. For many, these options have become stale and boring but it doesn’t have to be that way. Each week, Benzinga compiles a list of new and exciting take-out options or for the more adventurous, informative videos to bring out your best inner chef. Breakfast: Free Baconator Lovers of Wendys Co’s (NASDAQ: WEN ) iconic Baconator burger sandwich will be happy to learn the fast-food chain is offering a free Breakfast Baconator. The only catch is consumers need to make a regular breakfast purchase through the mobile app. But hurry, the offer is valid across all restaurants for a limited time. Brunch: ‘Breakfast Munchies’ YouTube personality and restaurateur Sam Zein cooks up three “brunchies” or “breakfast munchies” items in a video. While ideal for a weekend brunch to kick-start a day with the family, brunch can be enjoyed any day and time of the week.
— Benzinga Feeds
Tuesday, 31 March 2020, 20:20:19
Wendys Co (NASDAQ: WEN ) appears to be mostly insulated from coronavirus-induced headwinds and is well positioned to grow once the pandemic is resolved, according to Wedbush. The Wendys Analyst Nick Setyan upgraded Wendys from Neutral to Outperform with a price target lifted from $22 to $21. The Wendys Thesis Wendys’ provided a business update on March 26 which suggests it can “navigate through” the coronavirus “relatively unscathed,” Setyan wrote in the note. Specifically, through March 22, global same-store sales growth was trending at 2.8% in the first quarter, including a 20% decline in the U.S. for the last week. Same-store sales growth was trending 4% … Full story available on Benzinga.com
— Benzinga Feeds
Why Is Wendy’s (WEN) Down 30.5% Since Last Earnings Report?
Friday, 27 March 2020, 16:31:03
Wendy’s (WEN) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.
— Zacks Investment Research
We recommend that you check out Capital.com as they have a very good selection of stocks available for both going short and long.