Maxim Group Reaffirms Buy Rating for Habit Restaurants (HABT)
Maxim Group reissued their buy rating on shares of Habit Restaurants (NASDAQ:HABT) in a research note issued to investors on Thursday morning, MarketBeat.com reports. They currently have a $12.00 price objective on the restaurant operator’s stock, down from their prior price objective of $13.00.
Several other equities analysts have also recently issued reports on HABT. Robert W. Baird cut shares of Habit Restaurants from an outperform rating to a neutral rating and dropped their price objective for the company from $20.00 to $12.00 in a research note on Thursday, November 2nd. Wedbush reissued a hold rating and issued a $11.00 price objective on shares of Habit Restaurants in a research note on Thursday, November 2nd. Raymond James Financial reissued a market perform rating on shares of Habit Restaurants in a research note on Thursday, November 2nd. TheStreet raised shares of Habit Restaurants from a d rating to a c- rating in a research note on Monday, November 20th. Finally, ValuEngine cut shares of Habit Restaurants from a hold rating to a sell rating in a research note on Sunday, December 31st. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $14.94.
Shares of Habit Restaurants (NASDAQ:HABT) traded up $0.07 during trading on Thursday, hitting $9.22. 34,063 shares of the stock were exchanged, compared to its average volume of 412,215. The firm has a market cap of $240.73, a PE ratio of 3.07, a price-to-earnings-growth ratio of 5.04 and a beta of 0.66. Habit Restaurants has a fifty-two week low of $8.10 and a fifty-two week high of $19.75. The company has a quick ratio of 1.39, a current ratio of 1.43 and a debt-to-equity ratio of 0.08.
About Habit Restaurants
The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers sides, shakes and malts.
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