Brinker International with ticker code (EAT) have now 18 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 80 and 41 with a mean TP of 53.94. With the stocks previous close at 35.98 this would imply there is a potential upside of 49.9%. The day 50 moving average is 37.37 and the 200 moving average now moves to 46.09. The market capitalisation for the company is $1,634m. You can visit the company’s website by visiting: https://brinker.com
The potential market cap would be $2,450m 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.
