Del Taco Restaurants – Consensus Indicates Potential 26.5% Upside

Broker Ratings
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Del Taco Restaurants with ticker code (TACO) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 13 and 9 calculating the average target price we see 11.75. Given that the stocks previous close was at 9.29 this is indicating there is a potential upside of 26.5%. The 50 day MA is 8.74 and the 200 moving average now moves to 7.94. The market capitalisation for the company is $346m. Find out more information 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.

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