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Panera Bread Co 18.3% Potential Upside Now Implied by Telsey Advisory Group

Panera Bread Co using SYMBOL/TICKER code NASDAQ:PNRA has had its stock rating noted as ‘Initiated’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Telsey Advisory Group. Panera Bread Co are listed in the Consumer Services sector within NASDAQ. Telsey Advisory Group have set a target price of 225 USD on its stock. This is indicating the analyst believes there is a potential upside of 18.3% from the opening price of 190.19 USD.

Panera Bread Co NASDAQ:PNRA has a 50 day moving average of 190.33 USD and the 200 Day Moving Average price is recorded at 178.82 USD. The 52 week high for the stock is 208 USD while the year low share price is currently 153 USD. Over the last 30 and 90 trading days the company share price has decreased 3.34 points and increased 4.22 points respectively. There are currently 25,988,857 shares in issue with the average daily volume traded being 502,874. Market capitalisation for NASDAQ:PNRA is $4,983,103,584.00 USD.

 

Panera Bread Co NASDAQ:PNRA (Panera) is a food service provider. Panera is a national bakery-cafe concept with 1,880 Company-owned and franchise-operated bakery-cafe locations in 45 states, the District of Columbia, and Ontario, Canada. The Company operates through three segments: Company Bakery-Cafe Operations, Franchise Operations, and Fresh Dough and Other Product Operations. As of December 30, 2014, its Company bakery-cafe operations segment consisted of 925 Company-owned bakery-cafes and its franchise operations segment consisted of 955 franchise-operated bakery-cafes, located throughout the United States and in Ontario, Canada. As of December 30, 2014, its fresh dough and other product operations segment, which supplies fresh dough and other products daily to the Company-owned and franchise-operated bakery-cafes, consisted of 24 fresh dough facilities (22 Company-owned and two franchise-operated), located throughout the United States and one in Ontario, Canada

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