NASDAQ:TAST - Carrols Restaurant Group Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $7.63
Forecasted Upside: 25.41 %
Number of Analysts: 4
Breakdown:
0 Sell Ratings
0 Hold Ratings
4 Buy Ratings
0 Strong Buy Ratings

^$6.08 As of 06/22/2021 01:00 AM ET

▲ +0.01 (0.16%)

1 month | 3 months | 12 months

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Analyst Price Target for TAST

^$7.63

▲ +25.41% Upside Potential

This price target is based on 4 analysts offering 12 month price targets for Carrols Restaurant Group in the last 3 months. The average price target is $7.63, with a high forecast of $8.00 and a low forecast of $7.00. The average price target represents a 25.41% upside from the last price of $6.08.

Current Consensus is Buy

The current consensus among 4 investment analysts is to buy stock in Carrols Restaurant Group. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
4 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/31/2019

0 strong buy ratings
5 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/30/2020

0 strong buy ratings
4 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/28/2020

0 strong buy ratings
6 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

9/26/2020

0 strong buy ratings
6 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/25/2020

0 strong buy ratings
6 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/25/2021

0 strong buy ratings
4 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

5/24/2021

0 strong buy ratings
4 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/23/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/14/2021	Raymond James	Lower Price Target	Outperform	$8.00 ➝ $7.50	High
3/4/2021	Stephens	Lower Price Target	Overweight	$7.50 ➝ $7.00	N/A
1/15/2021	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$7.00 ➝ $8.00	Low
11/9/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$8.00 ➝ $7.00	High
11/6/2020	Raymond James	Lower Price Target	Outperform	$9.00 ➝ $8.00	Medium
11/5/2020	Stephens	Lower Price Target	Overweight	$9.00 ➝ $7.50	High
10/12/2020	Raymond James	Upgrade	Market Perform ➝ Outperform	$9.00	High
9/22/2020	Wolfe Research	Initiated Coverage	Outperform	$8.00	Medium
8/6/2020	Stephens	Boost Price Target	Overweight	$8.00 ➝ $9.00	Medium
8/5/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$5.00 ➝ $7.00	Low
6/30/2020	Stephens	Initiated Coverage	Overweight	$8.00	Low
6/15/2020	Craig Hallum	Boost Price Target		$5.00 ➝ $8.00	High
5/8/2020	SunTrust Banks	Boost Price Target	Buy	$4.00 ➝ $6.00	Low
5/8/2020	Craig Hallum	Upgrade	Hold ➝ Buy	$3.75 ➝ $5.00	High
4/2/2020	Raymond James	Downgrade	Outperform ➝ Market Perform		High
4/1/2020	SunTrust Banks	Lower Price Target	Buy	$9.00 ➝ $4.00	High
3/16/2020	Craig Hallum	Downgrade	Buy ➝ Hold	$2.50	High
2/26/2020	Raymond James	Lower Price Target	Outperform	$7.50 ➝ $6.50	High
2/26/2020	SunTrust Banks	Reiterated Rating	Buy	$9.00	High
2/25/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Buy	$8.00 ➝ $7.00	High
2/3/2020	SunTrust Banks	Reiterated Rating	Buy	$12.00 ➝ $12.00	Low
1/21/2020	SunTrust Banks	Reiterated Rating	Buy	$12.00	Medium
11/27/2019	Craig Hallum	Initiated Coverage	Buy	$11.00	Low
11/20/2019	Craig Hallum	Initiated Coverage	Buy	$11.00	High
10/17/2019	Raymond James	Lower Price Target	Outperform	$11.00 ➝ $9.50	High
9/4/2019	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$9.00	High
5/9/2019	Dougherty & Co	Reiterated Rating	Buy	$16.00	High
1/8/2019	Raymond James	Lower Price Target	Outperform ➝ Outperform	$16.50 ➝ $13.50	High
11/12/2018	Citigroup	Set Price Target	Buy	$14.00	Medium
8/13/2018	Citigroup	Boost Price Target	Buy ➝ Buy	$17.00 ➝ $19.00	Low
8/8/2018	SunTrust Banks	Reiterated Rating	Buy	$19.00	Medium
6/25/2018	Citigroup	Boost Price Target	Buy ➝ Buy	$15.00 ➝ $17.00	Medium
5/23/2018	SunTrust Banks	Initiated Coverage	Buy	$16.00	High
3/5/2018	Citigroup	Lower Price Target	Buy ➝ Buy	$16.00 ➝ $15.00	Medium
3/4/2018	Dougherty & Co	Reiterated Rating	Buy		Low
11/20/2017	Citigroup	Boost Price Target	Buy	$13.00 ➝ $15.00	N/A
9/26/2017	Raymond James	Reiterated Rating	Strong-Buy ➝ Outperform	$15.50	High
9/26/2017	UBS Group	Downgrade	Strong-Buy ➝ Outperform		High
8/10/2017	Dougherty & Co	Lower Price Target	Buy ➝ Buy	$18.50 ➝ $15.50	Low
7/24/2017	Raymond James	Reiterated Rating	Strong-Buy	$17.50	Low
3/3/2017	Dougherty & Co	Reiterated Rating	Buy ➝ Buy	$18.50 ➝ $17.00	N/A
7/5/2016	Citigroup	Reiterated Rating	Buy	$15.00 ➝ $15.50	N/A

(Data available from 6/23/2016 forward)

Carrols Restaurant Group, Inc., through its subsidiaries, operates as a restaurant company in the United States. The company operates as a Burger King franchisee. As of January 3, 2021, it operated 1,009 Burger King restaurants located in 23 Northeastern, Midwestern, Southcentral, and Southeastern states; and 65 Popeyes restaurants in seven Southeastern states. The company was founded in 1960 and is headquartered in Syracuse, New York.

Today's Range

Now: $6.08

$5.97

$6.15

50 Day Range

MA: $5.87

$5.56

$6.32

52 Week Range

Now: $6.08

$4.26

$8.09

Volume

145,568 shs

Average Volume

356,781 shs

Market Capitalization

$313.13 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.72

Frequently Asked Questions

What sell-side analysts currently cover shares of Carrols Restaurant Group?

The following sell-side analysts have issued research reports on Carrols Restaurant Group in the last year: Deutsche Bank Aktiengesellschaft, Raymond James, Stephens, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for TAST.

What is the current price target for Carrols Restaurant Group?

4 Wall Street analysts have set twelve-month price targets for Carrols Restaurant Group in the last year. Their average twelve-month price target is $7.63, suggesting a possible upside of 25.4%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting TAST will reach $8.00 in the next twelve months. Stephens has the lowest price target set, forecasting a price of $7.00 for Carrols Restaurant Group in the next year.
View the latest price targets for TAST.

What is the current consensus analyst rating for Carrols Restaurant Group?

Carrols Restaurant Group currently has 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TAST will outperform the market and that investors should add to their positions of Carrols Restaurant Group.
View the latest ratings for TAST.

What other companies compete with Carrols Restaurant Group?

Other companies that are similar to Carrols Restaurant Group include McDonald's, Starbucks, Chipotle Mexican Grill, Yum! Brands, Domino's Pizza, Darden Restaurants, Texas Roadhouse, The Wendy's, Cracker Barrel Old Country Store, Papa John's International, Jack in the Box, Brinker International, The Cheesecake Factory, Bloomin' Brands and Dine Brands Global.

How do I contact Carrols Restaurant Group's investor relations team?

Carrols Restaurant Group's physical mailing address is 968 JAMES STREET, SYRACUSE NY, 13203. The restaurant operator's listed phone number is 315-424-0513 and its investor relations email address is [email protected] The official website for Carrols Restaurant Group is www.carrols.com.