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Analysts Recommend a ‘Hold’ for Shake Shack

Analysts Recommend a ‘Hold’ for Shake Shack

Among the 12 analysts that cover Shake Shack (SHAK), 33.3% favor a “buy” as of December 20, while 50% have given the stock a “hold” rating, and 16.7% have given it a “sell.” On average, analysts have set a 12-month price target of $53.09, which represents an upside potential of 21.9% from its current stock price of $43.56.