Vetr Downgrades Shake Shack To 2.5 Stars
The value of Shake Shack Inc. (NYSE: SHAK) shares are down just over 1 percent year-to-date, and the Vetr community is bearish on the company's outlook. This is evidenced by the community’s downgrade of Shake Shack from 3 to 2.5 stars.
The company, which is is trading just over $39.00, has also been given a sell rating and a $37.50 price target from Vetr members. This price target is slightly more bearish than the $39.41 price target given by professional analysts.
About 43 percent of Vetr raters are currently bullish on Shake Shack.
Latest Ratings for SHAK
|Aug 2016||JP Morgan||Maintains||Neutral|
|Aug 2016||SunTrust Robinson Humphrey||Upgrades||Neutral||Buy|
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