A&W REVENUE IF (TSE:AW) Given a C$40.00 Price Target by Royal Bank Of Canada Analysts

A&W REVENUE IF (TSE:AW) has been assigned a C$40.00 price target by research analysts at Royal Bank Of Canada in a report released on Tuesday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 10.44% from the company’s previous close.

A&W REVENUE IF Stock Up 0.3%

TSE:AW traded up C$0.11 during trading hours on Tuesday, hitting C$36.22. 7,970 shares of the company’s stock traded hands, compared to its average volume of 9,006. The firm has a market cap of C$869.42 million and a P/E ratio of 15.61. A&W REVENUE IF has a 52 week low of C$34.77 and a 52 week high of C$40.44. The business’s fifty day simple moving average is C$36.51 and its two-hundred day simple moving average is C$36.89.

A&W REVENUE IF (TSE:AW) last posted its quarterly earnings data on Thursday, May 7th. The company reported C$0.57 earnings per share (EPS) for the quarter. The business had revenue of C$59.39 million for the quarter.

About A&W REVENUE IF

A&W is a publicly traded company and is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken ® and A&W Root Beer ®. A&W’s shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “AW”.