Darden Restaurants, Inc. with ticker code (DRI) now have 25 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $194.00 and $154.00 with the average share target price sitting at $178.78. (at the time of writing). Given that the stocks previous close was at $155.49 this indicates there is a potential upside of 15.0%. It’s also worth noting that there is a 50 day moving average of $164.14 and the 200 day MA is $158.01. The total market capitalization for the company now stands at 18.31B. The stock price for the company is currently $153.41 USD
The potential market cap would be $21,053,549,592 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 17.98, revenue per share of $93.10 and a 7.62% return on assets.
Darden Restaurants, Inc. is a full-service restaurant company. The Company operates through four segments: Olive Garden, LongHorn Steakhouse, Fine Dining and Other Business. The Company owns and operates approximately 1,867 restaurants through subsidiaries in the United States and Canada under the Olive Garden, LongHorn Steakhouse, Cheddars Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie Vs Prime Seafood, and The Capital Burger trademarks. The Olive Garden segment includes its Company-owned Olive Garden restaurants in the United States and Canada. The LongHorn Steakhouse segment includes the results of its Company-owned LongHorn Steakhouse restaurants in the United States. The Fine Dining segment comprises its brands that operate within the fine-dining sub-segment and includes its Company-owned The Capital Grille and Eddie V’s restaurants in the United States. It also has approximately 60 restaurants operated by independent third parties.
