Brinker International found using ticker (EAT) now have 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 80 and 30 with a mean TP of 42.97. Now with the previous closing price of 29.25 this would indicate that there is a potential upside of 46.9%. The day 50 moving average is 34.98 and the 200 moving average now moves to 40.49. The company has a market capitalisation of $1,338m. Company Website: https://brinker.com
The potential market cap would be $1,966m 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.
