2233 GMT - Guzman Y Gomez shakes off its bears at UBS on the prospect of the Australian fast-food chain beating market expectations for annual sales growth and earnings margins. Analysts Shaun Cousins and James Meares raise their recommendation on the stock to neutral from sell, citing the potential impacts of menu changes, longer opening hours and increased delivery orders. They reckon that improved sales growth relative to a more modest year-earlier period through the remainder of fiscal 2025 can help deliver increased operating leverage. They wonder whether Guzman y Gomez would expand margins or redeploy capital back into the business. Target price rises 8.1% to A$40.00. Shares are at A$38.33 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
January 14, 2025 17:33 ET (22:33 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。