UBS trims price target for Australia's Guzman y Gomez; shares fall

Guzman y Gomez

09/05/2025 06:13

** Shares of quick service restaurant chain Guzman y Gomez GYG.AX fall 2.2% to A$32.28

** UBS trims price target to A$35 from A$34; retains 'neutral' rating

** Brokerage cuts underlying EBITDA estimate for fiscal 2026 by 4.8%

** Co's reiterated FY25E guidance and the planned increase in store openings could lead to lower EBITDA in both Australasia and the U.S. - UBS

** Firm on Thursday reiterated gross store opening guidance for FY25 at 31

** Six analysts rate the stock "buy", 2 "hold" and 1 "sell"; their median PT is A$38.00– LSEG data

** Stock down 20.9% YTD

(Reporting by Nikita Maria Jino and Kumar Tanishk in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))