Brinker International found using ticker (EAT) now have 17 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 43 and 27 calculating the average target price we see 32.76. With the stocks previous close at 28.34 this now indicates there is a potential upside of 15.6%. The day 50 moving average is 27.53 while the 200 day moving average is 32.66. The market capitalisation for the company is $1,240m. Company Website: https://brinker.com
The potential market cap would be $1,434m based on the market concensus.
Brinker International, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. The company operates in two segments, Chili’s and Maggiano’s. As of June 30, 2022, it owned, operated, or franchised 1,650 restaurants comprising 1,596 restaurants under the Chili’s Grill & Bar name and 54 restaurants under the Maggiano’s Little Italy brand name. The company also operates in virtual brands, including It’s Just Wings and Maggiano’s Italian Classics. Brinker International was founded in 1975 and is headquartered in Dallas, Texas.
