Australia's Guzman y Gomez shares up; Morningstar and UBS mixed on co's Q3 results

Guzman Y Gomez

08/04/2026 05:50

Updates

** Australia's Guzman y Gomez's GYG.AX rise as much as 12% to A$20.19, their highest level since February 19

** Morningstar says Mexican-style quick service restaurant's Q3 update "solid", but warns of clear downside in Q4

** Notes co's 9M growth tracking ahead of brokerage's FY26 sales forecast, sees Q4 pressure as fuel prices surge, others

** UBS however, raises PT to A$22/share from A$21/share, citing co's 'attractive' Australian growth outlook, rising restaurant growth

        ** Morningstar ascribes limited value to co's U.S. sales  improvement due to competition from Mexican chains, while UBS says outlook remains "challenging"

        ** Seven of 11 analysts rate the stock "buy" or higher, three "hold" one "strong sell"; their median PT is A$22.3 – LSEG data

** YTD, stock down 9.1%

 (Reporting by Shruti Agarwal, Aamir Sheik Khalid in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com Aamir.SheikKhalid@thomsonreuters.com))