Canaccord Genuity restated their hold rating on shares of Friday Night (NYSE:TGI) in a research note published on Thursday. They currently have a $36.00 price objective on the stock, up from their previous price objective of $30.00.

Several other research analysts have also recently issued reports on the stock. Royal Bank Of Canada reaffirmed a buy rating and issued a $33.00 target price on shares of Friday Night in a report on Friday, September 1st. Robert W. Baird reaffirmed a buy rating and issued a $34.00 target price on shares of Friday Night in a report on Friday, September 8th. Bank of America Corporation reaffirmed an underperform rating and issued a $27.00 target price (down from $30.00) on shares of Friday Night in a report on Saturday, August 26th. ValuEngine raised shares of Friday Night from a buy rating to a strong-buy rating in a report on Friday, September 1st. Finally, TheStreet raised shares of Friday Night from a d+ rating to a c- rating in a report on Wednesday, July 26th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Friday Night currently has a consensus rating of Hold and an average price target of C$33.00.

Shares of Friday Night (NYSE:TGI) opened at C$31.40 on Thursday. Friday Night has a 52 week low of C$19.65 and a 52 week high of C$34.80.

Friday Night (NYSE:TGI) last issued its earnings results on Wednesday, November 8th. The company reported C$0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.32 by C$0.20. The business had revenue of C$745.16 million during the quarter, compared to analysts’ expectations of C$787.90 million. Friday Night had a negative net margin of 0.25% and a negative return on equity of 0.91%. The business’s revenue for the quarter was down 14.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.00 earnings per share.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arizona State Retirement System raised its holdings in shares of Friday Night by 0.4% during the second quarter. Arizona State Retirement System now owns 25,900 shares of the company’s stock valued at $818,000 after purchasing an additional 100 shares during the last quarter. Wayne Hummer Investments L.L.C. increased its holdings in Friday Night by 1.6% during the second quarter. Wayne Hummer Investments L.L.C. now owns 8,655 shares of the company’s stock valued at $273,000 after buying an additional 140 shares during the last quarter. Wright Investors Service Inc. increased its holdings in Friday Night by 1.3% during the second quarter. Wright Investors Service Inc. now owns 19,150 shares of the company’s stock valued at $605,000 after buying an additional 255 shares during the last quarter. Texas Permanent School Fund increased its holdings in Friday Night by 0.9% during the second quarter. Texas Permanent School Fund now owns 36,198 shares of the company’s stock valued at $1,144,000 after buying an additional 307 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan increased its holdings in Friday Night by 3.6% during the second quarter. Municipal Employees Retirement System of Michigan now owns 11,700 shares of the company’s stock valued at $370,000 after buying an additional 410 shares during the last quarter.

Friday Night Company Profile

Analyst Recommendations for Friday Night (NYSE:TGI)

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