A&W REVENUE IF (TSE:AW) Director Andrew Mindell Buys 13,100 Shares of Company Stock

A&W REVENUE IF (TSE:AW) Director Andrew Mindell purchased 13,100 shares of the stock in a transaction that occurred on Thursday, October 29th. The shares were acquired at an average cost of C$35.97 per share, for a total transaction of C$471,207.00. Following the completion of the transaction, the director owned 19,160 shares of the company’s stock, valued at C$689,185.20. This trade represents a 216.17% increase in their position.

A&W REVENUE IF Stock Up 0.6%

Shares of A&W REVENUE IF stock opened at C$36.62 on Friday. A&W REVENUE IF has a twelve month low of C$34.77 and a twelve month high of C$38.67. The company has a 50-day simple moving average of C$35.94 and a two-hundred day simple moving average of C$36.41. The stock has a market capitalization of C$877.74 million and a price-to-earnings ratio of 15.58.

A&W REVENUE IF (TSE:AW) last announced its earnings results on Friday, October 16th. The company reported C$0.80 earnings per share (EPS) for the quarter. The business had revenue of C$79.25 million for the quarter.

Analyst Ratings Changes

A number of equities analysts have commented on the company. TD Securities upgraded A&W REVENUE IF to a “strong-buy” rating in a research note on Tuesday, October 27th. TD set a C$41.00 target price on A&W REVENUE IF and gave the company a “buy” rating in a research report on Monday, October 26th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$40.50.

A&W REVENUE IF Company Profile

A&W is a publicly traded company and is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken ® and A&W Root Beer ®. A&W’s shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “AW”.