Consensus The Wendy's Company

Equities

WEN

US95058W1009

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
19.82 ^USD	0.00%		+4.32%	+1.75%

Apr. 25	The Accountability Board Submits a Shareholder Proposal to The Wendy's Company	CI
Apr. 11	The Accountability Board Submits a Shareholder Proposal to The Wendy's Company	CI

Evolution of the average Target Price on The Wendy's Company

Price target over the last 5 years

History of analyst recommendation changes

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Analyst Recommendations on The Wendy's Company

Bernstein Downgrades Wendy's to Market Perform From Outperform, Cuts Price Target to $20 From $24	Feb. 22	MT
JPMorgan Downgrades Wendy's to Neutral from Overweight, Cuts Price Target to $19 From $22	Feb. 21	MT
Truist Securities Adjusts Price Target on Wendy's to $22 From $23, Maintains Buy Rating	Feb. 20	MT
RBC Cuts Price Target on Wendy's to $20 From $22, Keeps Sector Perform Rating	Feb. 20	MT
Wedbush Trims Wendy's Price Target to $19 From $20 After Lower-Than-Expected Q4 2023 Results, Keeps Neutral Rating	Feb. 16	MT
Gordon Haskett Downgrades Wendy's to Hold From Buy, Cuts Price Target to $21 From $24	Jan. 16	MT
Barclays Downgrades Wendy's to Equalweight Form Overweight, Cuts Price Target to $21 From $23	Jan. 03	MT
Wedbush Downgrades Wendy's to Neutral From Outperform, Views Premium Quick Service Restaurant Positioning as Particularly At Risk, Cuts Price Target to $21 From $24	Dec. 21	MT
Deutsche Bank Raises Wendy's Price Target to $21 From $20, Maintains Hold Rating	Nov. 03	MT
UBS Adjusts Wendy's Price Target to $20 From $24, Maintains Neutral Rating	23-10-26	MT
Barclays Cuts Wendy's Price Target to $23 From $26, Maintains Overweight Rating	23-10-23	MT
Citigroup Cuts Wendy's Price Target to $20 From $23, Maintains Neutral Rating	23-10-19	MT
RBC Adjusts Price Target on Wendy's to $22 From $25, Maintains Sector Perform Rating	23-10-19	MT
Morgan Stanley Trims Price Target on Wendy's to $24 From $25, Maintains Equal-Weight Rating	23-10-11	MT
Barclays Adjusts Price Target on Wendy's to $26 From $27, Maintains Overweight Rating	23-08-10	MT
Truist Securities Adjusts Price Target on Wendy's to $26 From $29, Maintains Buy Rating	23-07-18	MT
Argus Upgrades Wendy's to Buy From Hold, Price Target is $26	23-05-19	MT
BMO Capital Adjusts Wendy's Price Target to $24 From $23, Keeps Market Perform Rating	23-05-11	MT
Credit Suisse Lifts Wendy's Price Target to $25 From $24 After 'Strong' Q1 Results, Keeps Neutral Rating	23-05-11	MT
Truist Securities Adjusts Price Target on Wendy's to $29 From $28, Maintains Buy Rating	23-04-17	MT
Truist Securities Adjusts Price Target on Wendy's to $28 From $27, Maintains Buy Rating	23-03-14	MT
Northcoast Research Downgrades Wendy's to Neutral From Buy	23-03-06	MT
Deutsche Bank Adjusts Wendy's Company Price Target to $24 From $23, Maintains Hold Rating	23-03-03	MT
Citigroup Adjusts Price Target on Wendy's to $24 From $25, Maintains Neutral Rating	23-03-02	MT
BMO Capital Adjusts Price Target on Wendy's to $23 From $22, Maintains Market Perform Rating	23-03-02	MT

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

19.82 USD

Average target price

20.96 USD

Spread / Average Target

+5.75%

High Price Target

29 USD

Spread / Highest target

+46.32%

Low Price Target

18 USD

Spread / Lowest Target

-9.18%

Consensus detail

Consensus revision (last 18 months)

Analysts covering The Wendy's Company

Bernstein
JPMorgan Chase
Truist Securities
RBC Capital Markets
Wedbush
Gordon Haskett
Barclays
Deutsche Bank Securities
UBS
Citigroup
Morgan Stanley
Argus
BMO Capital
Credit Suisse
Northcoast Research
Goldman Sachs
Cowen
Evercore ISI
Oppenheimer
Jefferies & Co.
Stephens Inc.
Piper Sandler
BofA Securities
Tigress Financial
Loop Capital
Guggenheim
Stifel Nicolaus
J.P. Morgan Chase
Cleveland Research

Ratings for The Wendy's Company

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar