Shares of Bojangles Inc (NASDAQ:BOJA) have earned a consensus recommendation of “Hold” from the fourteen brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $16.75.

BOJA has been the subject of several research analyst reports. TheStreet downgraded shares of Bojangles from a “c-” rating to a “d+” rating in a report on Friday, October 13th. Barclays lowered their price target on shares of Bojangles from $15.00 to $14.00 and set an “equal weight” rating for the company in a report on Wednesday, October 18th. Cowen downgraded shares of Bojangles from an “outperform” rating to a “market perform” rating and set a $23.00 price target for the company. in a report on Friday, October 20th. Royal Bank of Canada lowered their price target on shares of Bojangles from $16.00 to $14.00 and set a “sector perform” rating for the company in a report on Thursday, November 2nd. Finally, SunTrust Banks reiterated a “buy” rating and set a $17.00 price target on shares of Bojangles in a report on Friday, November 3rd.

Shares of Bojangles (NASDAQ:BOJA) traded down $0.10 during trading hours on Friday, hitting $11.65. 491,601 shares of the stock traded hands, compared to its average volume of 373,446. The firm has a market capitalization of $435.56, a P/E ratio of 13.55, a PEG ratio of 1.38 and a beta of 1.92. The company has a quick ratio of 0.56, a current ratio of 0.64 and a debt-to-equity ratio of 0.66. Bojangles has a 52 week low of $11.45 and a 52 week high of $22.35.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. increased its holdings in Bojangles by 3.9% in the fourth quarter. BlackRock Inc. now owns 1,103,664 shares of the restaurant operator’s stock valued at $13,023,000 after purchasing an additional 41,583 shares during the period. Advisory Research Inc. acquired a new stake in Bojangles in the fourth quarter valued at $11,842,000. Wells Fargo & Company MN increased its holdings in Bojangles by 26.0% in the fourth quarter. Wells Fargo & Company MN now owns 116,388 shares of the restaurant operator’s stock valued at $1,373,000 after purchasing an additional 24,047 shares during the period. First National Bank of Omaha increased its holdings in Bojangles by 17.4% in the fourth quarter. First National Bank of Omaha now owns 79,945 shares of the restaurant operator’s stock valued at $943,000 after purchasing an additional 11,820 shares during the period. Finally, Comerica Bank acquired a new stake in Bojangles in the fourth quarter valued at $2,405,000. Institutional investors and hedge funds own 90.28% of the company’s stock.

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About Bojangles

Bojangles’, Inc is a restaurant operator and franchisor. The Company offers food made from its Southern recipes. The Company’s menu includes its made-from-scratch, buttermilk biscuits baked fresh every 20 minutes; its fresh, never-frozen bone-in fried chicken; its fixin’s; its Bo-Smart menu featuring items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans; its freshly baked and delicious sweets menu, and its Legendary Iced Tea.

Analyst Recommendations for Bojangles (NASDAQ:BOJA)

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