Morgan Stanley Gives Shake Shack (SHAK) Higher Rating.; Dominion Diamond (DDC) Had 1 Analysts Last Week

December 7, 2017 - By Marie Mckinney

Among 5 analysts covering Dominion Diamond Corp (NYSE:DDC), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Dominion Diamond Corp had 20 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, September 14 by RBC Capital Markets. RBC Capital Markets maintained it with “Hold” rating and $14.25 target in Tuesday, September 5 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, June 13. The stock has “Hold” rating by RBC Capital Markets on Tuesday, July 18. Gabelli initiated the stock with “Buy” rating in Monday, April 3 report. As per Monday, July 10, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, October 12. The firm has “Neutral” rating given on Wednesday, July 19 by Citigroup. The company was maintained on Tuesday, June 20 by RBC Capital Markets. The company was downgraded on Tuesday, July 18 by Gabelli. See Dominion Diamond Corporation (NYSE:DDC) latest ratings:

12/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $14.25 Maintain
05/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $14.25 Maintain
18/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $14.2500 Maintain
19/07/2017 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
18/07/2017 Broker: Gabelli Old Rating: Buy New Rating: Hold Downgrade
18/07/2017 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Market Perform Downgrade
10/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $13.0000 Maintain
20/06/2017 Broker: RBC Capital Markets Rating: Hold New Target: $12.0000 Maintain

Among 13 analysts covering Shake Shack (NYSE:SHAK), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. Shake Shack has $56.34 highest and $30 lowest target. $40.34’s average target is -3.45% below currents $41.78 stock price. Shake Shack had 37 analyst reports since August 11, 2015 according to SRatingsIntel. The stock of Shake Shack Inc. (NYSE:SHAK) has “Outperform” rating given on Thursday, May 18 by Wedbush. Cowen & Co maintained Shake Shack Inc. (NYSE:SHAK) rating on Thursday, November 2. Cowen & Co has “Hold” rating and $36.0 target. JP Morgan maintained Shake Shack Inc. (NYSE:SHAK) rating on Thursday, August 11. JP Morgan has “Neutral” rating and $38 target. The firm has “Underweight” rating given on Thursday, November 2 by Morgan Stanley. The stock has “Market Perform” rating by Cowen & Co on Friday, September 11. Buckingham Research initiated it with “Buy” rating and $45 target in Thursday, June 16 report. The stock of Shake Shack Inc. (NYSE:SHAK) has “Equal-Weight” rating given on Tuesday, March 8 by Barclays Capital. The firm has “Buy” rating given on Thursday, August 11 by SunTrust. The stock of Shake Shack Inc. (NYSE:SHAK) has “Neutral” rating given on Wednesday, January 6 by SunTrust. As per Tuesday, January 19, the company rating was upgraded by William Blair.

The stock decreased 1.25% or $0.53 during the last trading session, reaching $41.78. About 657,587 shares traded or 2.20% up from the average. Shake Shack Inc. (NYSE:SHAK) has risen 9.19% since December 7, 2016 and is uptrending. It has underperformed by 7.51% the S&P500.

Analysts await Shake Shack Inc. (NYSE:SHAK) to report earnings on March, 7. They expect $0.05 earnings per share, down 44.44% or $0.04 from last year’s $0.09 per share. SHAK’s profit will be $1.84M for 208.90 P/E if the $0.05 EPS becomes a reality. After $0.17 actual earnings per share reported by Shake Shack Inc. for the previous quarter, Wall Street now forecasts -70.59% negative EPS growth.

Shake Shack Inc. owns, operates, and licenses Shake Shack restaurants in the United States and internationally. The company has market cap of $1.54 billion. Shacks offers hamburgers, hot dogs, crispy chicken, crinkle-cut fries, shakes, frozen custard, beer, shakes, wine, and other products. It has a 67.71 P/E ratio. As of December 28, 2016, it had 114 Shacks, including 64 domestic company-operated Shacks, 7 domestic licensed Shacks, and 43 international licensed Shacks.

The stock decreased 0.07% or $0.01 during the last trading session, reaching $14.24. About 988,206 shares traded or 39.83% up from the average. Dominion Diamond Corporation (NYSE:DDC) has risen 25.12% since December 7, 2016 and is uptrending. It has outperformed by 8.42% the S&P500.

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By1 Marie Mckinney




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