Jack In The Box Could Surge 4.65%, Vetr Crowd Says

Shares of Jack in the Box Inc. JACK are up about 9.3 percent year-to-date. Since last Thursday, the stock lost 2.5 percent of its value. This decline has unlocked some room for upside, the Vetr crowd seems to believe. Accordingly, its average price target of $87.97 implies a potential return of roughly 4.65 percent from current valuations.

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Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on Jack in the Box’s stock on Tuesday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) - out of a possible 5.0 Stars rating.

It should be noted that, even though the stock has a buy rating in account of its upside potential, 62 percent of the crowd's ratings are bearish at the time.

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.