Vetr Crowd Downgrades Wendy's To Hold, Minimal Upside Projected

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  • Shares of Wendys Co WEN have gained nearly 25 percent over the past year.
  • The Vetr crowd downgraded the stock to Hold with a 3 star rating from a previous 3.5-stars.
  • Less than 2 percent of Vetr users are holding the stock in their watch list.

Wendys have outperformed some of its larger peers over the past year, including McDonald's Corporation MCD whose stock returned 18 percent over the same time period.

Wendys also saw its stock outperform some of the casual quick serve restaurants, including Chipotle Mexican Grill, Inc. CMG whose stock lost nearly 15 percent over the past year while shares of Red Robin Gourmet Burgers, Inc. RRGB, a restaurant that sells a selection of gourmet burgers, is nearly flat over the past year.

Related Link: Vetr Crowd Upgrades First Solar, Virgin America To Buy: Here's Why

The relative outperformance from the fast food burger chain has prompted the Vetr crowd to downgrade its crowd-sourced rating on Monday to 3 stars from a prior 3.5 stars. 23.1 percent of the crowd recommends a Sell rating, 15.4 percent recommend a Hold rating, while the remaining 61.5 percent recommend a Buy rating.

The Vetr crowd collectively has a $10.80 price target, implying a 2.15 percent of upside. Nevertheless, the limited upside projected by the crowd is superior to the cumulative $111.34 price target on shares of McDonalds – implying a potential downside of 2.82 percent.

59.3 percent of the Vetr crowd recommend a Sell rating, 18.5 percent recommend a Hold rating, while 22.2 percent of the crowd are confident enough to recommend a Buy rating. As a whole, the crowd has a similar 3 star rating on McDonald's stock.

On the other hand, the Vetr crowd is bullish on Chipotle's stock with a 5 star (Strong Buy) rating and a cumulative price target of $676.79 – representing a potential upside of nearly 20 percent. 90.6 percent of the Vetr crowd recommend a Buy rating on Chipotle's stock, 3.1 percent recommend a Hold rating and just 6.3 percent recommend a Sell rating.

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Posted In: Analyst ColorDowngradesRestaurantsCrowdsourcingAnalyst RatingsGeneralCasual Quick ServeVetr
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