Wendy’s Company (The) found using ticker (WEN) now have 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 29 and 17 calculating the mean target price we have 22.6. With the stocks previous close at 19.59 this would indicate that there is a potential upside of 15.4%. The 50 day MA is 18.37 while the 200 day moving average is 21.18. The market cap for the company is $4,306m. Find out more information at: https://www.wendys.com
The potential market cap would be $4,968m based on the market concensus.
The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of January 2, 2022, it operated approximately 403 company-operated restaurants; 5,535 franchised restaurants in the United States; and 1,006 franchised restaurants internationally. The company also owns and leases real estate properties. It owns 485 and leases 1,235 properties, which are leased or subleased to franchisees. 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.
