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William Blair Initiates Coverage On El Pollo LoCo

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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
Apr 2016SunTrust Robinson HumphreyDowngradesBuyNeutral
Jan 2016Sidoti & Co.Initiates Coverage onBuy
Nov 2015Guggenheim SecuritiesInitiates Coverage onBuy

View More Analyst Ratings for LOCO
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Posted-In: Sharon Zackfia William BlairInitiation Analyst Ratings

 

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