Collins Foods' New Bulls View Guidance as Conservative -- Market Talk
Dow Jones
Mar 12
0224 GMT - Collins Foods gets new bulls at Jarden following the fast-food franchiser's stronger trading update and expansion in Germany. Raising their recommendation to overweight from neutral, Jarden's analysts think that the Australian company's annual guidance looks increasingly conservative following an acceleration in same-store sales growth at the start of its second fiscal half. The acquisition of eight immediately EPS-accretive stores in Bavaria also opens up a new market, they say. The stock has underperformed recently and now offers an attractive risk/reward, they add. Target price rises by 6.1% to A$12.10. Shares are up 5.9% at A$9.99. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 11, 2026 22:24 ET (02:24 GMT)
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