Darden Restaurants – Consensus Indicates Potential 37.2% Upside

Broker Ratings
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Darden Restaurants found using ticker (DRI) now have 25 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 191.57 and 139.3 with the average target price sitting at 159.47. Now with the previous closing price of 116.25 this would imply there is a potential upside of 37.2%. The 50 day MA is 129.55 and the 200 day moving average is 141.47. The market cap for the company is $14,520m. Company Website: https://www.darden.com

The potential market cap would be $19,919m 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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