Darden Restaurants with ticker code (DRI) have now 24 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 156 and 122 calculating the mean target price we have 138.79. Given that the stocks previous close was at 131.04 this indicates there is a potential upside of 5.9%. The 50 day moving average now sits at 123.75 and the 200 moving average now moves to 131.6. The company has a market capitalisation of $16,393m. Find out more information at: https://www.darden.com
The potential market cap would be $17,362m 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 29, 2022, it owned and operated 1,867 restaurants, which included 884 under the Olive Garden brand, 546 under the LongHorn Steakhouse brand name, 172 under the Cheddar’s Scratch Kitchen brand, 85 under the Yard House brand name, 62 under The Capital Grille brand, 45 under the Seasons 52 brand name, 42 under the Bahama Breeze brand, 28 under the Eddie V’s Prime Seafood brand name, and 3 under the Capital Burger brand; and franchised 60 restaurants comprising 35 under the Olive Garden brand, 18 under the LongHorn Steakhouse brand name, 4 under the Cheddar’s Scratch Kitchen brand, 2 under The Capital Grille brand name, and 1 under the Bahama Breeze brand.Darden Restaurants was founded in 1968 and is based in Orlando, Florida.
