Comments
Loading...

Wendy's

WENNASDAQ
Logo brought to you by Benzinga Data
$18.38
-0.41-2.18%
At close: -
$18.38
00.00%
After Hours: 5:02 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$29.00
Lowest Price Target1
$16.00
Consensus Price Target1
$21.11

Wendy's (NASDAQ:WEN) Stock, Analyst Ratings, Price Targets, Forecasts

The Wendy's Co has a consensus price target of $21.11 based on the ratings of 27 analysts. The high is $29 issued by Tigress Financial on September 4, 2024. The low is $16 issued by Goldman Sachs on June 13, 2024. The 3 most-recent analyst ratings were released by BMO Capital, Truist Securities, and Wedbush on November 1, 2024, respectively. With an average price target of $20.67 between BMO Capital, Truist Securities, and Wedbush, there's an implied 12.44% upside for The Wendy's Co from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Jul
1
7
Aug
2
Sep
3
Oct
3
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BMO Capital
Truist Securities
Wedbush
Stephens & Co.
TD Cowen

1calculated from analyst ratings

Analyst Ratings for Wendy's

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Wendy's (WEN) stock?

A

The latest price target for Wendy's (NASDAQ:WEN) was reported by BMO Capital on November 1, 2024. The analyst firm set a price target for $20.00 expecting WEN to rise to within 12 months (a possible 8.81% upside). 57 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Wendy's (WEN)?

A

The latest analyst rating for Wendy's (NASDAQ:WEN) was provided by BMO Capital, and Wendy's maintained their market perform rating.

Q

When was the last upgrade for Wendy's (WEN)?

A

The last upgrade for The Wendy's Co happened on May 19, 2023 when Argus Research raised their price target to $26. Argus Research previously had a hold for The Wendy's Co.

Q

When was the last downgrade for Wendy's (WEN)?

A

The last downgrade for The Wendy's Co happened on February 22, 2024 when Bernstein changed their price target from $24 to $20 for The Wendy's Co.

Q

When is the next analyst rating going to be posted or updated for Wendy's (WEN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Wendy's, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Wendy's was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.

Q

Is the Analyst Rating Wendy's (WEN) correct?

A

While ratings are subjective and will change, the latest Wendy's (WEN) rating was a maintained with a price target of $19.00 to $20.00. The current price Wendy's (WEN) is trading at is $18.38, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch