Brinker International with ticker code (EAT) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 80 and 26 calculating the mean target price we have 40.81. Now with the previous closing price of 22.03 this indicates there is a potential upside of 85.2%. The day 50 moving average is 30.24 and the 200 day moving average is 37.51. The market capitalisation for the company is $990m. Visit the company website at: https://brinker.com
The potential market cap would be $1,834m 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.
