Wendy’s Company (The) – Consensus ‘Buy’ rating and 12.0% Upside Potential

Broker Ratings

Wendy’s Company (The) with ticker code (WEN) have now 22 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 29 and 20 suggesting an average Analsyt target price of $24.75. Given that the stocks previous close was at $22.10 this now indicates there is a potential upside of 12.0%. The day 50 moving average is $21.70 and the 200 moving average now moves to $21.29. The company has a market capitalization of $4,703m. Find out more information at: https://www.wendys.com

The potential market cap would be $5,267m based on the market consensus.

The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company in the United States and internationally. It operates through Wendy’s U.S., Wendy’s International, and Global Real Estate & Development segments. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. The company also owns and leases real estate properties. The company was formerly known as Wendy’s/Arby’s Group and changed its name to The Wendy’s Company in July 2011. The Wendy’s Company was founded in 1969 and is headquartered in Dublin, Ohio.

The company has a dividend yield of 4.52% with the ex dividend date set at 28-2-2023 (DMY).

Other points of data to note are a P/E ratio of 27.05, revenue per share of 9.8 and a 3.96% return on assets.

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