Del Taco Restaurants – Consensus Indicates Potential 26.5% Upside

Broker Ratings
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Del Taco Restaurants found using ticker (TACO) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 13 and 9 and has a mean target at 11.75. Given that the stocks previous close was at 9.29 this would indicate that there is a potential upside of 26.5%. The 50 day moving average now sits at 8.74 and the 200 day moving average is 7.94. The company has a market cap of $346m. Company Website: http://www.deltaco.com

Del Taco Restaurants develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the United States. The company’s restaurants offer Mexican inspired and American classic dishes. As of October 15, 2020, it operated approximately 600 restaurants across 15 states. The company was founded in 1964 and is headquartered in Lake Forest, California.

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