Wendys Co (NASDAQ:WEN) has coverage initiated with a In-Line rating and $20.00 price target

ME Staff
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Analyst Ratings For Wendys Co (NASDAQ:WEN)

Today, Evercore ISI initiated coverage on Wendys Co (NASDAQ:WEN) with a In-Line with a price target of $20.00.

There are 12 Buy Ratings, 8 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Wendys Co (NASDAQ:WEN) is Buy with a consensus target price of $20.3611 per share, a potential 4.79% upside.

Some recent analyst ratings include

  • 6/12/2019-Wendys Co (NASDAQ:WEN) has coverage initiated with a In-Line rating and $20.00 price target
  • 5/13/2019-Wendys Co (NASDAQ:WEN) has coverage initiated with a Overweight ➝ Overweight rating and $22.00 price target
  • 5/8/2019-Wendys Co (NASDAQ:WEN) had its Hold rating reiterated by Wedbush with a $20.00 price target
  • 4/10/2019-Wendys Co (NASDAQ:WEN) has coverage initiated with a Outperform rating and $21.00 price target
  • On 5/15/2019 Robert D Wright, COO, sold 454,793 with an average share price of $18.60 per share and the total transaction amounting to $8,459,149.80.
  • On 5/13/2019 Robert D. Wright, COO, sold 109,110 with an average share price of $18.58 per share and the total transaction amounting to $2,027,263.80.
  • On 5/10/2019 Robert D. Wright, COO, sold 126,629 with an average share price of $18.74 per share and the total transaction amounting to $2,373,027.46.
  • On 3/6/2019 Abigail E Pringle, Insider, sold 8,897 with an average share price of $17.35 per share and the total transaction amounting to $154,362.95.
  • On 3/6/2019 Trian Fund Management, L.P., Major Shareholder, sold 3,000,000 with an average share price of $17.11 per share and the total transaction amounting to $51,330,000.00.
  • On 11/21/2018 Robert D Wright, COO, sold 28,300 with an average share price of $17.78 per share and the total transaction amounting to $503,174.00.
  • On 5/16/2018 Nelson Peltz, Director, sold 2,405,292 with an average share price of $16.43 per share and the total transaction amounting to $39,518,947.56.

About Wendys Co (NASDAQ:WEN)
The Wendy's Company, together its subsidiaries, operates as a quick-service restaurant company. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of December 30, 2018, its restaurant system included 6,711 franchise restaurants, which comprise 353 owned and operated restaurants worldwide. Read More…

Recent Trading Activity for Wendys Co (NASDAQ:WEN)
Shares of Wendys Co closed the previous trading session at 19.45 up +0.020 0.10% with 19.24 shares trading hands.