Shares of Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) have been assigned a consensus broker rating score of 2.00 (Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy recommendation.

Brokerages have set a twelve-month consensus target price of $3.75 for the company, according to Zacks. Zacks has also assigned Diversified Restaurant an industry rank of 231 out of 265 based on the ratings given to its competitors.

A number of equities research analysts recently commented on SAUC shares. Zacks Investment Research raised shares of Diversified Restaurant from a “sell” rating to a “hold” rating in a report on Wednesday, November 29th. ValuEngine cut shares of Diversified Restaurant from a “hold” rating to a “sell” rating in a report on Friday, December 1st.

A number of hedge funds have recently modified their holdings of SAUC. Renaissance Technologies LLC raised its holdings in Diversified Restaurant by 68.4% during the 1st quarter. Renaissance Technologies LLC now owns 228,240 shares of the restaurant operator’s stock valued at $525,000 after acquiring an additional 92,740 shares during the period. Goldman Sachs Group Inc. raised its holdings in Diversified Restaurant by 140.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 50,790 shares of the restaurant operator’s stock valued at $117,000 after acquiring an additional 29,704 shares during the period. Virtu KCG Holdings LLC raised its holdings in Diversified Restaurant by 55.8% during the 2nd quarter. Virtu KCG Holdings LLC now owns 59,163 shares of the restaurant operator’s stock valued at $154,000 after acquiring an additional 21,181 shares during the period. Dimensional Fund Advisors LP bought a new stake in Diversified Restaurant during the 2nd quarter valued at $413,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Diversified Restaurant during the 2nd quarter valued at $409,000. 8.73% of the stock is currently owned by institutional investors and hedge funds.

Shares of Diversified Restaurant (NASDAQ SAUC) opened at $1.44 on Friday. The company has a quick ratio of 0.28, a current ratio of 0.35 and a debt-to-equity ratio of -29.67. The company has a market cap of $40.32, a P/E ratio of 150.00 and a beta of 1.30. Diversified Restaurant has a 1-year low of $1.28 and a 1-year high of $4.12.

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About Diversified Restaurant

Diversified Restaurant Holdings, Inc (DRH) is a restaurant company. The Company is a franchisee of Buffalo Wild Wings (BWW).As of September 25, 2016, the Company operated 64 BWW restaurants, which are located in Michigan, Florida, Missouri, Illinois and Indiana. The BWW restaurants feature a range of menu items with a multimedia social environment, a bar and an open layout designed to create a dining experience for sports fans and families.

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