Papa Johns International's (PZZA) "Overweight" Rating Reiterated at Stephens

Papa Johns International (NASDAQ:PZZA - Get Free Report)'s stock had its "overweight" rating reaffirmed by equities research analysts at Stephens in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $60.00 price objective on the stock. Stephens' price target would indicate a potential upside of 34.62% from the stock's current price.

PZZA has been the topic of a number of other research reports. Jefferies Financial Group lowered their target price on Papa Johns International from $55.00 to $42.00 and set a "hold" rating on the stock in a report on Wednesday, January 15th. Wedbush reiterated an "outperform" rating and set a $60.00 price objective on shares of Papa Johns International in a research report on Wednesday, January 15th. UBS Group reduced their target price on shares of Papa Johns International from $56.00 to $45.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Loop Capital lowered their price target on shares of Papa Johns International from $73.00 to $60.00 and set a "buy" rating for the company in a report on Tuesday, January 21st. Finally, KeyCorp downgraded shares of Papa Johns International from an "overweight" rating to a "sector weight" rating in a research note on Thursday, November 14th. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $55.67.

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Papa Johns International Price Performance

Shares of NASDAQ PZZA traded down $0.78 on Thursday, hitting $44.57. The company's stock had a trading volume of 1,084,042 shares, compared to its average volume of 1,856,111. The stock has a 50 day moving average of $41.53 and a 200-day moving average of $46.77. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 15.53, a price-to-earnings-growth ratio of 2.41 and a beta of 1.19. Papa Johns International has a 12-month low of $35.28 and a 12-month high of $72.88.

Hedge Funds Weigh In On Papa Johns International

A number of large investors have recently modified their holdings of PZZA. Signaturefd LLC increased its position in Papa Johns International by 66.9% during the 3rd quarter. Signaturefd LLC now owns 646 shares of the company's stock worth $35,000 after purchasing an additional 259 shares in the last quarter. Brevan Howard Capital Management LP lifted its holdings in shares of Papa Johns International by 2.5% during the 4th quarter. Brevan Howard Capital Management LP now owns 15,746 shares of the company's stock valued at $647,000 after acquiring an additional 388 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its position in Papa Johns International by 300.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 600 shares of the company's stock worth $25,000 after purchasing an additional 450 shares during the period. Atlas Brown Inc. increased its holdings in Papa Johns International by 5.5% in the 4th quarter. Atlas Brown Inc. now owns 10,453 shares of the company's stock valued at $429,000 after purchasing an additional 546 shares in the last quarter. Finally, KBC Group NV increased its holdings in Papa Johns International by 9.1% in the 4th quarter. KBC Group NV now owns 6,639 shares of the company's stock valued at $273,000 after purchasing an additional 551 shares in the last quarter.

Papa Johns International Company Profile

Papa John's International, Inc engages in the operation and franchise of pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-owned Restaurants, North America Franchising, North America Commissaries, International Operations, and All Others. The Domestic Company-Owned Restaurants segment consists of retail sales of pizza and side items, breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned and bottled beverages.