Waitr Holdings Inc (WTRH) Receives a Buy from Benchmark Co.

Benchmark Co. analyst Daniel Kurnos maintained a Buy rating on Waitr Holdings Inc (WTRHResearch Report) today and set a price target of $18. The company’s shares closed on Friday at $13.86.

According to TipRanks.com, Kurnos is a 5-star analyst with an average return of 12.2% and a 57.0% success rate. Kurnos covers the Services sector, focusing on stocks such as Nexstar Media Group Inc, Booking Holdings Inc, and Sinclair Broadcast.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Waitr Holdings Inc with a $18 average price target, implying a 29.9% upside from current levels. In a report issued on March 14, Jefferies also initiated coverage with a Buy rating on the stock with a $18 price target.

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The company has a one-year high of $15.06 and a one-year low of $9.99. Currently, Waitr Holdings Inc has an average volume of 342K.

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Waitr Holdings, Inc. engages in an on-demand food ordering and delivery business. Its platform connects local restaurants to diners in underserved markets. The company’s mobile and desktop ordering platforms allow users to browse for local restaurants, customize menu items, and pay securely from mobile phones or computers.

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