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 in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 13 and 9 with the average target price sitting 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%. 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. Company Website: 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.

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