A&W REVENUE IF (TSE:AW) Stock Moved Up to “Strong-Buy” by TD Securities

TD Securities upgraded shares of A&W REVENUE IF (TSE:AW) to a strong-buy rating in a research report sent to investors on Tuesday,Zacks reports.

Separately, TD set a C$41.00 target price on A&W REVENUE IF and gave the company a “buy” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, A&W REVENUE IF has an average rating of “Buy” and an average target price of C$40.50.

A&W REVENUE IF Price Performance

AW stock opened at C$35.91 on Tuesday. The company’s 50 day simple moving average is C$35.95 and its 200-day simple moving average is C$36.47. The firm has a market capitalization of C$860.73 million and a PE ratio of 15.28. A&W REVENUE IF has a 12 month low of C$34.77 and a 12 month high of C$38.67.

A&W REVENUE IF (TSE:AW) last issued its quarterly earnings data on Friday, October 16th. The company reported C$0.80 earnings per share for the quarter. The business had revenue of C$79.25 million for the quarter.

A&W REVENUE IF Company Profile

A&W is a publicly traded company and is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken ® and A&W Root Beer ®. A&W’s shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “AW”.