Brinker International with ticker code (EAT) now have 18 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 80 and 37.69 with the average target price sitting at 49.21. With the stocks previous close at 41.11 this would indicate that there is a potential upside of 19.7%. There is a 50 day moving average of 36.62 and the 200 day MA is 48.89. The market capitalisation for the company is $1,829m. Company Website: https://brinker.com
The potential market cap would be $2,189m 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, 2021, it owned, operated, or franchised 1,648 restaurants comprising 1,594 restaurants under the Chili’s Grill & Bar name and 54 restaurants under the Maggiano’s Little Italy brand name. The company was founded in 1975 and is headquartered in Dallas, Texas.
