Cowen and Company restated their market perform rating on shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) in a research report released on Thursday. They currently have a $110.00 price target on the restaurant operator’s stock, down from their previous price target of $150.00.

BWLD has been the topic of a number of other research reports. UBS AG upgraded shares of Buffalo Wild Wings to a buy rating in a research report on Monday, May 15th. Maxim Group upgraded shares of Buffalo Wild Wings from a hold rating to a buy rating and lifted their target price for the stock from $175.00 to $180.00 in a research report on Friday, May 19th. TheStreet cut shares of Buffalo Wild Wings from a b- rating to a c rating in a research report on Thursday, June 22nd. Telsey Advisory Group lifted their target price on shares of Buffalo Wild Wings from $162.00 to $175.00 and gave the stock an outperform rating in a research report on Tuesday, April 25th. Finally, Wedbush cut shares of Buffalo Wild Wings from a neutral rating to an underperform rating and lifted their target price for the stock from $150.00 to $155.00 in a research report on Tuesday, May 30th. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of $141.78.

Shares of Buffalo Wild Wings (NASDAQ:BWLD) traded down 0.53% during mid-day trading on Thursday, hitting $107.90. 622,992 shares of the company traded hands. The stock has a market capitalization of $1.67 billion, a PE ratio of 27.33 and a beta of 0.89. Buffalo Wild Wings has a 1-year low of $105.10 and a 1-year high of $175.10. The firm’s 50 day moving average price is $127.57 and its 200-day moving average price is $146.90.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by $0.35. The business had revenue of $500 million during the quarter, compared to analysts’ expectations of $512.68 million. Buffalo Wild Wings had a return on equity of 17.14% and a net margin of 3.39%. Buffalo Wild Wings’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.27 EPS. On average, equities research analysts forecast that Buffalo Wild Wings will post $4.52 EPS for the current year.

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Large investors have recently bought and sold shares of the company. Sei Investments Co. raised its stake in Buffalo Wild Wings by 140.2% in the second quarter. Sei Investments Co. now owns 28,951 shares of the restaurant operator’s stock valued at $3,668,000 after buying an additional 16,898 shares during the last quarter. Bessemer Group Inc. raised its stake in Buffalo Wild Wings by 72.2% in the second quarter. Bessemer Group Inc. now owns 14,550 shares of the restaurant operator’s stock valued at $1,843,000 after buying an additional 6,100 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its stake in Buffalo Wild Wings by 22.0% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 24,400 shares of the restaurant operator’s stock valued at $3,091,000 after buying an additional 4,400 shares during the last quarter. Kornitzer Capital Management Inc. KS raised its stake in Buffalo Wild Wings by 0.7% in the second quarter. Kornitzer Capital Management Inc. KS now owns 39,245 shares of the restaurant operator’s stock valued at $4,972,000 after buying an additional 255 shares during the last quarter. Finally, ING Groep NV acquired a new stake in Buffalo Wild Wings during the second quarter valued at approximately $236,000. 90.42% of the stock is currently owned by institutional investors and hedge funds.

Buffalo Wild Wings Company Profile

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Analyst Recommendations for Buffalo Wild Wings (NASDAQ:BWLD)

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