FAT Brands Inc. with ticker code (FAT) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 25 and 20 with the average target price sitting at 22.5. Now with the previous closing price of 8.79 this is indicating there is a potential upside of 156.0%. The day 50 moving average is 10.06 and the 200 day MA is 10.61. The market capitalisation for the company is $149m. Find out more information at: http://www.fatbrands.com
FAT Brands Inc., a multi-brand franchising company, acquires, develops, and markets quick-service, fast casual, and casual dining restaurant concepts worldwide. As of March 28, 2021, it owned nine restaurant brands, including Fatburger, Johnny Rockets, Buffalo’s Cafe, Buffalo’s Express, Ponderosa Steakhouse, Bonanza Steakhouse, Hurricane Grill & Wings, Yalla Mediterranean, and Elevation Burger, as well as franchised approximately 700 locations. The company was incorporated in 2017 and is headquartered in Beverly Hills, California. FAT Brands Inc. operates as a subsidiary of Fog Cutter Holdings, LLC.