Darden Restaurants – Consensus Indicates Potential 19.7% Upside

Broker Ratings
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Darden Restaurants found using ticker (DRI) have now 26 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 191.57 and 122 with the average target price sitting at 140.15. Now with the previous closing price of 117.09 this is indicating there is a potential upside of 19.7%. There is a 50 day moving average of 119.88 and the 200 moving average now moves to 135.98. The company has a market capitalisation of $14,523m. Visit the company website at: https://www.darden.com

The potential market cap would be $17,383m based on the market concensus.

Darden Restaurants, through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 30, 2021, it owned and operated 1,834 restaurants, which included 875 under the Olive Garden, 533 under the LongHorn Steakhouse, 170 under the Cheddar’s Scratch Kitchen, 81 under the Yard House, 63 under The Capital Grille, 44 under the Seasons 52, 42 under the Bahama Breeze, and 26 under the Eddie V’s Prime Seafood brands. The company was founded in 1968 and is based in Orlando, Florida.

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