BMO Capital Markets reissued their market perform rating on shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) in a report issued on Thursday morning. They currently have a $130.00 price objective on the restaurant operator’s stock, down from their prior price objective of $150.00.

BWLD has been the subject of a number of other reports. UBS AG raised Buffalo Wild Wings to a buy rating in a report on Monday, May 15th. Cowen and Company reissued a market perform rating and issued a $110.00 target price (down from $150.00) on shares of Buffalo Wild Wings in a report on Thursday. Deutsche Bank AG reissued a buy rating and issued a $145.00 target price (down from $165.00) on shares of Buffalo Wild Wings in a report on Thursday. Maxim Group raised Buffalo Wild Wings from a hold rating to a buy rating and increased their target price for the stock from $175.00 to $180.00 in a report on Friday, May 19th. Finally, TheStreet cut Buffalo Wild Wings from a b- rating to a c rating in a report on Thursday, June 22nd. Two equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $141.78.

Buffalo Wild Wings (BWLD) traded down 0.53% on Thursday, reaching $107.90. The company had a trading volume of 622,992 shares. Buffalo Wild Wings has a one year low of $105.10 and a one year high of $175.10. The company has a 50-day moving average of $127.57 and a 200 day moving average of $146.90. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 27.33 and a beta of 0.89.

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

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Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. raised its position in Buffalo Wild Wings by 21,879.4% in the first quarter. BlackRock Inc. now owns 1,722,083 shares of the restaurant operator’s stock valued at $263,048,000 after buying an additional 1,714,248 shares in the last quarter. Vanguard Group Inc. raised its position in Buffalo Wild Wings by 0.4% in the first quarter. Vanguard Group Inc. now owns 1,409,524 shares of the restaurant operator’s stock valued at $215,305,000 after buying an additional 6,256 shares in the last quarter. Clearbridge Investments LLC raised its position in Buffalo Wild Wings by 59.2% in the first quarter. Clearbridge Investments LLC now owns 824,911 shares of the restaurant operator’s stock valued at $126,005,000 after buying an additional 306,743 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Buffalo Wild Wings by 2.5% in the first quarter. Dimensional Fund Advisors LP now owns 444,951 shares of the restaurant operator’s stock valued at $67,965,000 after buying an additional 10,780 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Buffalo Wild Wings by 3.6% in the first quarter. Bank of New York Mellon Corp now owns 347,568 shares of the restaurant operator’s stock valued at $53,090,000 after buying an additional 12,165 shares in the last quarter. Institutional investors and hedge funds own 90.42% of the company’s stock.

About Buffalo Wild Wings

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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