Barclays Increases Kura Sushi USA (NASDAQ:KRUS) Price Target to $90.00

Kura Sushi USA (NASDAQ:KRUS) had its price objective boosted by Barclays from $70.00 to $90.00 in a research note published on Friday morning,Benzinga reports. They currently have an equal weight rating on the stock.

KRUS has been the topic of a number of other research reports. Craig Hallum upped their target price on shares of Kura Sushi USA from $85.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Northcoast Research initiated coverage on shares of Kura Sushi USA in a research note on Tuesday, September 10th. They issued a “buy” rating and a $79.00 target price on the stock. Finally, Piper Sandler increased their price target on shares of Kura Sushi USA from $63.00 to $98.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $84.88.

Kura Sushi USA Stock Up 1.5 %

Shares of KRUS stock opened at $92.33 on Friday. The company has a 50 day moving average of $83.51 and a 200-day moving average of $79.96. Kura Sushi USA has a 12-month low of $48.66 and a 12-month high of $122.81. The firm has a market cap of $1.04 billion, a P/E ratio of -118.42 and a beta of 1.86.

Institutional Investors Weigh In On Kura Sushi USA

Several institutional investors and hedge funds have recently made changes to their positions in KRUS. Vanguard Group Inc. boosted its position in shares of Kura Sushi USA by 1.8% during the first quarter. Vanguard Group Inc. now owns 327,315 shares of the company’s stock valued at $37,694,000 after buying an additional 5,942 shares during the last quarter. Rheos Capital Works Inc. raised its holdings in shares of Kura Sushi USA by 6.3% during the third quarter. Rheos Capital Works Inc. now owns 204,000 shares of the company’s stock valued at $16,434,000 after purchasing an additional 12,000 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Kura Sushi USA by 4.6% during the second quarter. Dimensional Fund Advisors LP now owns 183,766 shares of the company’s stock valued at $11,602,000 after purchasing an additional 8,146 shares during the period. Lord Abbett & CO. LLC raised its stake in Kura Sushi USA by 28.1% during the 1st quarter. Lord Abbett & CO. LLC now owns 103,916 shares of the company’s stock valued at $11,967,000 after buying an additional 22,823 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Kura Sushi USA by 42.6% during the 1st quarter. Russell Investments Group Ltd. now owns 103,290 shares of the company’s stock valued at $11,895,000 after buying an additional 30,836 shares during the period. Institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Company Profile