FAT Brands (FAT) Receives News Sentiment Score of 0.14
Headlines about FAT Brands (NASDAQ:FAT) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. FAT Brands earned a news impact score of 0.14 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.9883459774798 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, R. F. Lafferty assumed coverage on shares of FAT Brands in a research note on Wednesday, November 15th. They set a “buy” rating and a $12.50 target price for the company.
FAT Brands (NASDAQ:FAT) traded down $0.31 during mid-day trading on Tuesday, reaching $9.69. 11,400 shares of the company’s stock traded hands, compared to its average volume of 31,078. FAT Brands has a 12-month low of $7.52 and a 12-month high of $13.99.
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FAT Brands Inc is a restaurant franchising company. The Company develops, markets, and acquires fast casual restaurant concepts around the world. As of March 26, 2017, the Company operated the Fatburger, Buffalo’s Cafe and Buffalo’s Express restaurant concepts. The Fatburger restaurant provides meals in the burger restaurant segment.
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