Darden Restaurants with ticker code (DRI) now have 27 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 191.57 and 125 with the average target price sitting at 166.39. Given that the stocks previous close was at 129.8 this would indicate that there is a potential upside of 28.2%. The 50 day moving average now sits at 136.76 and the 200 moving average now moves to 144.11. The market cap for the company is $16,846m. Visit the company website at: https://www.darden.com
The potential market cap would be $21,595m 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.
