What is Wall Street's Target Price for Fiesta Restaurant Group Inc (FRGI) Stock Thursday?

Thursday, March 10, 2022 11:17 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Fiesta Restaurant Group Inc (FRGI) Stock Thursday?

Wall Street is positive on Fiesta Restaurant Group Inc (FRGI). On average, analysts give Fiesta Restaurant Group Inc a Strong Buy rating. The average price target is $17, which means analysts expect the stock to rise by 84.58% over the next twelve months. That average ranking earns Fiesta Restaurant Group Inc an Analyst Rating of 73, which is better than 73% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating FRGI a Strong Buy today. Find out what this means to you and get the rest of the rankings on FRGI!

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Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Fiesta Restaurant Group Inc Stock Today?

Fiesta Restaurant Group Inc (FRGI) stock is trading at $9.21 as of 11:14 AM on Thursday, Mar 10, a decline of -$0.36, or -3.76% from the previous closing price of $9.57. The stock has traded between $8.51 and $9.44 so far today. Volume today is below average. So far 24,146 shares have traded compared to average volume of 66,290 shares. Click Here to get the full Stock Report for Fiesta Restaurant Group Inc stock.