Brinker International with ticker code (EAT) now have 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 80 and 30 calculating the mean target price we have 42.44. With the stocks previous close at 27.92 this indicates there is a potential upside of 52.0%. There is a 50 day moving average of 33.72 and the 200 day moving average is 39.48. The market cap for the company is $1,126m. Visit the company website at: https://brinker.com
The potential market cap would be $1,712m 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.