Del Taco Restaurants with ticker code (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 calculating the mean target price we have 11.75. Now with the previous closing price of 9.29 this would imply 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 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.
