BUZZ-Citi raises Australia's Guzman y Gomez's first-half earnings outlook, hikes PT

Reuters
01/19
BUZZ-Citi raises Australia's <a href="https://laohu8.com/S/GYG.AU">Guzman y Gomez</a>'s first-half earnings outlook, hikes PT

** Citi lifts Mexican fast-food chain Guzman y Gomez's GYG.AX same-store sales (SSS) outlook to 7% from 5% for H1FY26

** Brokerage cites positive reviews for co's new "Caesar" menu from analysis of more than 40 reviews across social media platforms

** Adds, limited-time offer (LTO) menu item, social media advertising may have increased store foot traffic

** "GYG is a strong business with leading unit economics, significant runway for growth in Australia" - Citi

** Raises PT to A$21.35 from A$21.05 apiece, keeps rating to "sell"

** 4 of 9 analysts rate the stock "buy" or higher, 4 "hold" and 1 "sell"; their median PT is A$28.3 – LSEG data

** Stock down 46.6% in 2025, flat YTD

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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