Brinker International found using ticker (EAT) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 80 and 26 calculating the mean target price we have 40.81. Given that the stocks previous close was at 23.97 this now indicates there is a potential upside of 70.3%. The day 50 moving average is 31.38 and the 200 moving average now moves to 38.06. The company has a market capitalisation of $1,025m. Visit the company website at: https://brinker.com
The potential market cap would be $1,746m 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.
