Analyst Price Target is $24.00
▲ +25.00% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Meritage Hospitality Group in the last 3 months. The average price target is $24.00, with a high forecast of $24.00 and a low forecast of $24.00. The average price target represents a 25.00% upside from the last price of $19.20.
Current Consensus is
The current consensus among 1 investment analysts is to buy stock in Meritage Hospitality Group. This Buy consensus rating has held steady for over two years.
Meritage Hospitality Group Inc. operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy's, Morning Belle, and Stan's Tacos, as well as Taco John's brand names in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Missouri, Mississippi, North Carolina, South Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in May 1996. Meritage Hospitality Group Inc. was incorporated in 1986 and is based in Grand Rapids, Michigan.