El Pollo LoCo Sells Off As Analysts Step In

Up 38 percent since first trading as a public company, shares of El Pollo LoCo LOCO are sharply selling off on the end of the analyst quiet period.

El Pollo LoCo was only assigned one positive rating, with three neutrals and one negative. Many interpret neutral ratings as bearish because sell side research is often very reluctant to assign Sell ratings, resorting to Neutral instead.

• Jefferies: Hold, $30 Price Target
• Morgan Stanley: Underweight, $22 Price Target
• Baird Neutral: $32 Price Target
• Stifel Nicolaus: Hold
• William Blair: Outperform

Shares of El Pollo LoCo were last trading at $31.14, down 6.2 percent on the session.