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Panera Bread Company (PNRA) [hlAlert]

Rating:
Buy PNRA
up 236.25 %

Panera Bread Company (PNRA) rated Buy with price target $88 by MKM Partners

Posted on: Thursday,  Apr 8, 2010  8:25 AM ET by MKM Partners

MKM Partners rated Buy Panera Bread Company (NASDAQ: PNRA) on 04/08/2010. Previously MKM Partners rated Buy Panera Bread Company (NASDAQ: PNRA) on
08/11/2009., when the stock price was $53.68. Since then, Panera Bread Company has gained 236.25% as of 01/25/2016's recent price of $180.50.
If you would have followed the previous MKM Partners's recommendation on PNRA, you would have gained 236.25% of your investment in 2358 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.

MKM Partners LLC is an institutional equity trading and research firm. MKM Partners has extensive experience in the agency execution of U.S. and international equity orders. We provide clients with timely and unbiased economic, technical, and fundamental research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2010 8:25 AM Buy
None
82.75 88.00
as of 12/31/2010
1 Week down  -4.35 %
1 Month down  -0.66 %
3 Months up  12.36 %
1 YTD up  48.74 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/11/2009 8:25 AM Buy
None
53.68 64.00

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