The Next Restaurant Stock Likely To Be Acquired: Bojangles’

May 15, 2017

Bojangles’ could be offered ~$30/share in a buyout scenario. Using Popeyes takeout multiple would value Bojangles’ at ~$40/share. Current price of $17.45/share and 9.4x forward EV/EBITDA multiple provides an attractive entry point. Stock is undervalued and …