Telsey Advisory Group lowered shares of Buffalo Wild Wings, Inc. (NASDAQ:BWLD) from an outperform rating to a market perform rating in a report issued on Thursday, MarketBeat reports. They currently have $135.00 target price on the restaurant operator’s stock, down from their prior target price of $145.00.

Several other research firms also recently weighed in on BWLD. UBS AG raised their price target on Buffalo Wild Wings from $170.00 to $185.00 and gave the stock a buy rating in a research report on Friday, April 21st. Zacks Investment Research raised Buffalo Wild Wings from a sell rating to a hold rating in a research report on Monday, April 24th. Maxim Group reissued a hold rating and set a $170.00 price target on shares of Buffalo Wild Wings in a research report on Thursday, April 27th. Robert W. Baird downgraded Buffalo Wild Wings from an outperform rating to a neutral rating and dropped their price target for the stock from $170.00 to $160.00 in a research report on Thursday, April 27th. Finally, Wells Fargo & Company reissued a market perform rating and set a $145.00 price target (up previously from $134.50) on shares of Buffalo Wild Wings in a research report on Saturday, April 22nd. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $141.78.

Shares of Buffalo Wild Wings (NASDAQ BWLD) traded down 0.62% during mid-day trading on Thursday, hitting $107.80. The company had a trading volume of 233,615 shares. The firm has a 50-day moving average price of $127.57 and a 200 day moving average price of $146.90. The firm has a market capitalization of $1.67 billion, a P/E ratio of 27.30 and a beta of 0.89. Buffalo Wild Wings has a 12 month low of $106.65 and a 12 month high of $175.10.

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

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Hedge funds and other institutional investors have recently modified their holdings of the company. Suntrust Banks Inc. boosted its position in shares of Buffalo Wild Wings by 0.5% in the first quarter. Suntrust Banks Inc. now owns 2,451 shares of the restaurant operator’s stock worth $374,000 after buying an additional 12 shares in the last quarter. Tyers Asset Management LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock worth $114,000 after buying an additional 44 shares in the last quarter. Flinton Capital Management LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock worth $146,000 after buying an additional 56 shares in the last quarter. Neuburgh Advisers LLC boosted its position in shares of Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock worth $177,000 after buying an additional 68 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Buffalo Wild Wings by 10.9% in the first quarter. Public Employees Retirement System of Ohio now owns 765 shares of the restaurant operator’s stock worth $117,000 after buying an additional 75 shares in the last quarter. Institutional investors own 90.42% of the company’s stock.

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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