Del Taco Restaurants with ticker code (TACO) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 13 and 9 with a mean TP of 11.75. Given that the stocks previous close was at 9.29 this indicates there is a potential upside of 26.5%. There is a 50 day moving average of 8.74 and the 200 day MA is 7.94. The market cap for the company is $346m. Visit the company website at: http://www.deltaco.com
The potential market cap would be $437m based on the market concensus.
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.
