Darden Restaurants, Inc. with ticker code (DRI) have now 25 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 175 and 140 and has a mean target at $162.72. Given that the stocks previous close was at $152.42 and the analysts are correct then there would likely be a percentage uptick in value of 6.8%. It’s also worth noting that there is a 50 day moving average of $149.17 and the 200 day moving average is $137.99. The total market capitalization for the company now stands at $18,351m. Find out more information at: https://www.darden.com
The potential market cap would be $19,591m based on the market consensus.
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V’s Prime Seafood, and Capital Burger brands. Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.
The company has a dividend yield of 3.18% with the ex dividend date set at 6-4-2023 (DMY).
Other points of data to note are a P/E ratio of 19.84, revenue per share of 84.07 and a 7.13% return on assets.
