Del Taco Restaurants Stock Forecast NASDAQ:TACO

Price Target and Analyst Ratings

Most Recent Rating

On July 13, 2021 "Jefferies Financial Group" gave "$14.00" rating for TACO. The price target was changed from $9.75 to 1.8%.

Last 30 Days

Historical Ratings

Date	Rating	Action	Authority	Current Price	Target Price
2021-07-13	$14.00	Reiterated by	Jefferies Financial Group	$9.68	$9.75→1.8%
2021-05-06	Outperform	Target Raised by	Wedbush	$11.02	$13.00 → $15.00
2021-04-30	Outperform	Target Raised by	Wedbush	$11.40	$13.00 → $15.00
2020-10-07	Outperform	Target Raised by	Wedbush	$9.30	$11.00 → $13.00
2020-09-14	Neutral	Target Raised by	Piper Sandler	$8.28	$7.00 → $8.00
2020-07-24	Neutral	Target Raised by	Piper Sandler	$7.91	$6.00 → $7.00
2020-07-24	Outperform	Target Raised by	Wedbush	$7.91	$9.75 → $11.00
2020-07-14	Outperform	Reiterated by	Wedbush	$6.52	$8.50 → $9.75
2020-05-05	Outperform	Target Raised by	Wedbush	$5.24	$6.00 → $8.50
2020-04-22	Buy	Target Raised by	Jefferies Financial Group	$4.44	$5.00 → $6.00

TACO Stock Trend

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled.

Given the current short-term trend, the stock is expected to fall -16.25% during the next 3 months and, with a 90% probability hold a price between $6.39 and $7.21 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-23	$7.60	$8.09	$8.58
2021-09-24	$7.57	$8.06	$8.55
2021-09-27	$7.55	$8.04	$8.53
2021-09-28	$7.52	$8.01	$8.50
2021-09-29	$7.49	$7.98	$8.47
2021-09-30	$7.47	$7.96	$8.45
2021-10-01	$7.44	$7.93	$8.42
2021-10-04	$7.41	$7.90	$8.39
2021-10-05	$7.39	$7.88	$8.37
2021-10-06	$7.36	$7.85	$8.34
2021-10-07	$7.34	$7.83	$8.32
2021-10-08	$7.31	$7.80	$8.29
2021-10-11	$7.28	$7.77	$8.26
2021-10-12	$7.26	$7.75	$8.24
2021-10-13	$7.23	$7.72	$8.21
2021-10-14	$7.20	$7.69	$8.18
2021-10-15	$7.18	$7.67	$8.16
2021-10-18	$7.15	$7.64	$8.13
2021-10-19	$7.12	$7.61	$8.10
2021-10-20	$7.10	$7.59	$8.08
2021-10-21	$7.07	$7.56	$8.05
2021-10-22	$7.04	$7.53	$8.02
2021-10-25	$7.02	$7.51	$8.00
2021-10-26	$6.99	$7.48	$7.97
2021-10-27	$6.96	$7.45	$7.94
2021-10-28	$6.94	$7.43	$7.92
2021-10-29	$6.91	$7.40	$7.89
2021-11-01	$6.88	$7.37	$7.86
2021-11-02	$6.86	$7.35	$7.84
2021-11-03	$6.83	$7.32	$7.81

About Del Taco Restaurants

Del Taco Restaurants, Inc. develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the United States. The companys restaurants offer Mexican inspired and American classic dishes. As of September 22, 2016, it operated approximately 550 restaurants in 16 states. The company was founded in 1964 and is headquartered in Lake Forest, California.... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!