What Analysts Are Recommending for Papa John’s after 4Q17 Earnings

As of March 1, 2018, Papa John’s (PZZA) was trading at $60.04. On the same day, analysts were expecting the company’s stock price to reach $66.43 in the next 12 months, which represents a return potential of 10.6%. The lower-than-expected 4Q17 EPS appear to have prompted analysts to lower their 12-month target price for Papa John’s. After the announcement of 4Q17 earnings, Jefferies cut its target price from $60 to $52, and Longbow Research has lowered its target price from $75 to $65.