Market Overview

William Blair Initiates Coverage On El Pollo LoCo

SunTrust Initiates Quick Service, Fast Casual Restaurant Names
SunTrust Confident In El Pollo Loco's Unit Growth Story; Starts At Buy
Restaurant traffic under pressure (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

Oct 2015SunTrust Robinson HumphreyInitiates Coverage onBuy
Aug 2015Stifel NicolausUpgradesHoldBuy
Jan 2015JefferiesUpgradesHoldBuy

View More Analyst Ratings for LOCO
View the Latest Analyst Ratings

Posted-In: Sharon Zackfia William BlairInitiation Analyst Ratings


Related Articles (LOCO)

View Comments and Join the Discussion!

Get Benzinga's Newsletters