Brinker International with ticker code (EAT) have now 16 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 43 and 27 with a mean TP of 32.75. Given that the stocks previous close was at 25.49 this would indicate that there is a potential upside of 28.5%. There is a 50 day moving average of 26.48 and the 200 day moving average is 33.12. The company has a market capitalisation of $1,131m. You can visit the company’s website by visiting: https://brinker.com
The potential market cap would be $1,453m 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.
