Brinker International, Inc. with ticker code (EAT) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 46 and 29 with the average target price sitting at 38.14. Given that the stocks previous close was at 40.75 this indicates there is a potential downside of -6.4%. There is a 50 day moving average of 36.84 and the 200 day MA is 30.58. The company has a market cap of $1,736m. Company Website: https://brinker.com
The potential market cap would be $1,625m based on the market concensus.
Brinker International, Inc., together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants under the under the Chili’s Grill & Bar and Maggiano’s Little Italy brand name in the United States and internationally. The company operates in two segments, Chili’s and Maggiano’s. It also operates in virtual brands, including Just Wings and Maggiano’s Italian Classics. Brinker International, Inc. was founded in 1983 and is headquartered in Dallas, Texas.
