#6 - GEN Restaurant Group (NASDAQ:GENK)
GEN Restaurant Group (NASDAQ: GENK) is the parent company of Gen Korean BBQ restaurants in seven states. Founded in 2011, Gen has become one of the leading Asian casual dining restaurant concepts in the United States. The company’s business model allows guests to become their own chefs in an interactive, engaging dining experience.
GEN Restaurant is another tiny company with a market cap of just $395.68 million as of this writing. It only started trading publicly in June 2023. Nevertheless, its golden cross moment stems from positive earnings that affirmed bullish analyst sentiment for GENK stock.
As of May 20, 2024, the recent price action is pushing GENK stock close to its consensus target of $13.83. However, analysts maintain a Buy rating on the stock, and another strong earnings report is likely to have analysts increasing their price targets.
About GEN Restaurant Group
GEN Restaurant Group, Inc operates restaurants in California, Arizona, Hawaii, Nevada, Texas, New York, and Florida. It offers meats, poultry, and seafood. The company was founded in 2011 and is based in Cerritos, California.
- Current Price
- $8.36
- Consensus Rating
- Buy
- Ratings Breakdown
- 3 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $13.17 (57.5% Upside)
