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Panera Bread Company (PNRA) [hlAlert]

Rating:
Buy PNRA
up 2.11 %

Panera Bread Company (PNRA) rated Buy with price target $215 by Maxim Group

Posted on: Monday,  Jan 4, 2016  8:25 AM ET by Maxim Group

Maxim Group rated Buy Panera Bread Company (NASDAQ: PNRA) on 01/04/2016. Previously Maxim Group rated Buy Panera Bread Company (NASDAQ: PNRA) on
11/23/2015., when the stock price was $176.76. Since then, Panera Bread Company has gained 2.12% as of 01/25/2016's recent price of $180.50.
If you would have followed the previous Maxim Group's recommendation on PNRA, you would have gained 2.11% of your investment in 63 days.

Panera Bread Company (Panera Bread), operates retail bakery-cafes. As of December 30, 2008, the Company operated, directly and through area development agreements with 39 franchisee groups, 1, 252 bakery-cafes (527 Company-owned and 725 franchise-operated, bakery-cafes). During the fiscal year ended December 30, 2008 (fiscal 2008), Panera opened 91 bakery-cafes system-wide (30 Company-owned and 61 franchise-operated bakery-cafes) and closed six bakery-cafes system-wide (four Company-owned and two franchise-operated bakery-cafes). Bakery-cafes are principally located in suburban, strip mall and regional mall locations, and operate in 38 states. The menu includes a variety of year-round favorites, complemented by new items introduced seasonally. Panera Bread operates as three business segments: the Company-owned, bakery-cafe operations segment; the franchise operations segment, and the fresh dough operations segment.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/4/2016 8:25 AM Buy
None
192.41 215.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/23/2015 8:25 AM Buy
None
176.76 210.00
10/28/2015 2:25 PM Hold
None
182.32 208.00
8/19/2015 8:25 AM Hold
None
190.21 220.00

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