Del Taco Restaurants (TACO) Receiving Somewhat Favorable Press Coverage, Analysis Shows

News stories about Del Taco Restaurants (NASDAQ:TACO) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Del Taco Restaurants earned a news impact score of 0.14 on Accern’s scale. Accern also gave headlines about the restaurant operator an impact score of 46.6703537736398 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

TACO has been the subject of several research reports. BidaskClub downgraded shares of Del Taco Restaurants from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. TheStreet upgraded shares of Del Taco Restaurants from a “c” rating to a “b-” rating in a research note on Wednesday, December 13th. Jefferies Group reiterated a “buy” rating and set a $15.00 price objective on shares of Del Taco Restaurants in a research note on Friday, December 22nd. Maxim Group reiterated a “buy” rating and set a $20.00 price objective on shares of Del Taco Restaurants in a research note on Friday, December 22nd. Finally, Zacks Investment Research upgraded shares of Del Taco Restaurants from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. Del Taco Restaurants currently has an average rating of “Hold” and an average target price of $16.67.

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Del Taco Restaurants (TACO) traded up $0.05 on Tuesday, reaching $12.95. 165,239 shares of the company’s stock traded hands, compared to its average volume of 264,812. The company has a current ratio of 0.29, a quick ratio of 0.24 and a debt-to-equity ratio of 0.42. Del Taco Restaurants has a 12 month low of $11.58 and a 12 month high of $15.99. The stock has a market capitalization of $495.84, a P/E ratio of 23.14, a P/E/G ratio of 1.32 and a beta of -0.20.

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Del Taco Restaurants Company Profile

Del Taco Restaurants, Inc is an operator and franchisor of restaurants featuring made-to-order cuisine, including both Mexican inspired and American classic dishes. As of January 3, 2017, the Company operated 551 Del Taco restaurants. The Company’s menu offers a combination of Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries and milkshakes.

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