Market Overview

William Blair Initiates Coverage On El Pollo LoCo

Share:
Related
What To Expect From Chipotle's Earnings In 6 Charts
IPO Outlook: Shake Shack IPO Set To Wrap Up Busy Week
Initiating Coverage On El Pollo Loco With $33 Fair Value (Seeking Alpha)

In a report released Tuesday, William Blair analyst Sharon Zackfia initiated coverage on El Pollo LoCo (NASDAQ: LOCO) with an Outperform rating.

Analysts at William Blair believe El Pollo LoCo will benefit from consumers demand for healthier meals with its "5 Under-500 Calories" menu, preference for fresh items on the company's made-to-order menu items and increase popularity of chicken and Mexican cuisine domestically.

William Blair projects high- to single-digit sales growth for El Pollo LoCo, including an 8 to 10 percent projection by 2016.

Latest Ratings for LOCO

DateFirmActionFromTo
Jan 2015JefferiesUpgradesHoldBuy
Jan 2015BairdUpgradesNeutralOutperform
Dec 2014Morgan StanleyUpgradesUnderperformEqual-weight

View More Analyst Ratings for LOCO
View the Latest Analyst Ratings

Posted-In: Sharon Zackfia William BlairInitiation Analyst Ratings

 

Related Articles (LOCO)

Around the Web, We're Loving...

Get Benzinga's Newsletters