

This brings the company’s total number of shares to 1,045,737. Allspring Global Investments Holdings LLC now has 1,045,737 shares of the restaurant operator’s stock, which is worth a combined total of $58,623,000 after the company made an additional purchase of 4,057 shares during the most recent quarter. Allspring Global Investments Holdings LLC increased by 0.4% in the proportion of Jack in the Box stock it owned during the second quarter of 2018. In addition, during the first three months of 2018, Capital World Investors established a new position in Jack in the Box by purchasing shares for approximately $98,706,000 through an investment. These shares were acquired after the company made an additional purchase. now has 2,254,354 of the restaurant operator’s stock, valued at $210,580,000. After purchasing 207,183 shares, Vanguard Group Inc. In addition, the value of Vanguard Group Inc.’s holdings in Jack in the Box increased by 10.1% during the first three months of the year. This brings the total number of shares owned by the company to 3,284,343. now has a total of 3,284,343 shares of the restaurant operator’s stock, which are currently valued at $306,789,000. After making a further purchase of 874,419 shares during the most recent period, BlackRock Inc. increased the percentage of Jack in the Box stock owned by 36.3%. In the first three months of 2018, BlackRock Inc. Recent months have seen several institutional investors adjust how they are currently invested in the company’s stock. Finally, Royal Bank of Canada upgraded its price target for Jack in the Box from $80.00 to $90.00 and gave the company an “outperform” rating in a research note published on Thursday, August 11. Guggenheim increased their target price for Jack in the Box from $85.00 to $95.00 and gave the company a “buy” rating in a research report published on Thursday, August 11.

After the publication of a research note on August 11 by Truist Financial, the “buy” rating and $100.00 target price that had previously been assigned to Jack in the Box by Truist Financial were both reduced to $100.00. They increased their price objective for the company from $69.00 to $80.00 in a research note disseminated on Thursday, August 11. Barclays upgraded their Jack in the Box rating from “equal weight” to “overweight”. Additionally, the brokerage firm increased its price target for its stock from $74.00 to $80.00, moving it up from its previous price of $74.00. Morgan Stanley gave Jack in the Box an “equal weight” rating in a research note published on Thursday, August 11. The production of reports about the company has seen contributions from various research analysts on multiple occasions. Analysts who have updated their stock coverage in the past year came up with this price prediction.ĭeposit $100 and get a $110 to trade stocks

The price forecast for the next 12 months, as provided by analysts who have updated their stock coverage in the preceding year, comes in at $91.04 on average. In addition, the stock has been recommended to sell by one of the equity research analysts, a recommendation to hold it by ten, and a recommendation to buy by six of the equity research analysts. This rating represents the consensus recommendation for the investment. (NASDAQ: JACK) have now assigned a rating of “Hold” to the company’s stock. According to Bloomberg, the twenty analysts following Jack in the Box Inc.
