Cheesecake Factory (CAKE) Gets a Hold Rating from Raymond James

Raymond James analyst Brian Vaccaro maintained a Hold rating on Cheesecake Factory (CAKEResearch Report) today. The company’s shares closed last Thursday at $56.86.

According to, Vaccaro is a 4-star analyst with an average return of 13.1% and a 54.1% success rate. Vaccaro covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Carrols Restaurant Group, and Brinker International.

Currently, the analyst consensus on Cheesecake Factory is a Hold with an average price target of $61.67, representing a 6.7% upside. In a report issued on June 2, Robert W. Baird also maintained a Hold rating on the stock with a $63.00 price target.

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The company has a one-year high of $65.81 and a one-year low of $19.78. Currently, Cheesecake Factory has an average volume of 693.2K.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CAKE in relation to earlier this year.

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Cheesecake Factory, Inc. engages in the operation of chain restaurants. It operates through The Cheesecake Factory and Other segments. The Cheesecake Factory segment involves in the management of restaurants. The Other segment comprises of Grand Lux Cafe, RockSugar Southeast Asian Kitchen, bakery, consumer packaged goods, and international licensing. Its menu offering includes appetizers, pizza, seafood, steaks, chicken, burgers, small plates, pastas, salads, sandwiches, omelettes, and desserts. The company was founded by David M. Overton, Oscar Overton, and Evelyn Overton in 1972 and is headquartered in Calabasas Hills, CA.