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 calculating the average target price we see 38.14. Now with the previous closing price of 41.09 this would imply there is a potential downside of -7.2%. The 50 day MA is 35.56 and the 200 day moving average is 30.5. The company has a market cap of $1,777m. You can visit the company’s website by visiting: https://brinker.com
The potential market cap would be $1,649m 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. As of June 29, 2022, it operated approximately 1,650 restaurants comprising 1,188 company-owned restaurants and 462 franchised restaurants. The company 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.
