Australia's Guzman y Gomez rises as Citi lifts first-half sales growth forecast

Guzman y Gomez

19/01/2026 24:03

Updates

** Shares of Australia's Guzman y Gomez GYG.AX rise as much as 4.1% to A$22.6, their highest level since December 23

** Citi raises PT to A$21.35 from A$21.05 apiece, keeps "sell" rating

** Brokerage lifts its growth forecast for Mexican fast-food chain's same-store sales (SSS) to 7% from 5% for H1FY26

** Cites positive reviews for co's new "Caesar" menu from analysis of more than 40 reviews across social media platforms

** Says limited-time offer (LTO) menu item, social media advertising may have increased store foot traffic

** "GYG is a strong business with leading unit economics, significant runway for growth in Australia" - Citi

** Four of nine analysts rate the stock "buy" or higher, four "hold" and one "sell"; their median PT is A$28.3 – LSEG data

** Stock up 2.26% YTD after a 46.6% drop in 2025

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))