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Enter Symbol:
 
Arcos Dorados Holding Inc (ARCO) [hlAlert]

Rating:
Neutral ARCO
up 23.16 %

Arcos Dorados Holding Inc (ARCO) upgraded to Neutral by Citigroup

Posted on: Monday,  Dec 7, 2015  10:25 AM ET by Citigroup

Citigroup rated Neutral Arcos Dorados Holding Inc (NYSE: ARCO) on 12/07/2015. Previously Citigroup rated Sell Arcos Dorados Holding Inc (NYSE: ARCO) on
07/15/2015., when the stock price was $4.20. Since then, Arcos Dorados Holding Inc has lost 18.81% as of 12/07/2015's recent price of $3.41.
If you would have followed the previous Citigroup's recommendation on ARCO, you would have gained 23.16% of your investment in 145 days.

Arcos Dorados Holdings Inc. is a McDonald?s franchisee. As of December 31, 2010, the Company operated or franchised 1,755 McDonald?s-branded restaurants, which represented 6.7% of McDonald?s total franchised restaurants globally. It operates McDonald?s-branded restaurants under two different operating formats, Company-operated restaurants and franchised restaurants. As of December 31, 2010, of its 1,755 McDonald?s-branded restaurants in the territories, 1,292 (or 74%) were Company-operated restaurants and 463 (or 26%) were franchised restaurants. It generates revenues from two sources: sales by Company-operated restaurants and revenues from franchised restaurants, which consist of rental income, which is based on the greater of a flat fee or a percentage of sales reported by franchised restaurants. As of December 31, 2010, it owned the land for 510 of its restaurants (totaling approximately 1.2 million square meters) and the buildings for all but 12 of its restaurants.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/7/2015 10:25 AM Hold
None
3.41
as of 8/27/2015
1 Week down  -0.54 %
1 Month up  35.32 %
3 Months up  12.38 %
1 YTD up  12.38 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/15/2015 10:25 AM Sell
None
4.20

(*) Stock Price at the time of the recommendation.
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