Wendy’s Company (The) found using ticker (WEN) have now 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 29 and 17 with the average target price sitting at 22.6. Now with the previous closing price of 18.59 this is indicating there is a potential upside of 21.6%. The 50 day moving average now sits at 19.79 and the 200 day MA is 21.83. The company has a market capitalisation of $4,041m. You can visit the company’s website by visiting: https://www.wendys.com
The potential market cap would be $4,912m 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.
