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A statement released earlier today by Telsey Advisory about Cracker Barrel (NASDAQ:CBRL) bumps the target price to $170.00

Telsey Advisory increased the stock price target of Cracker Barrel (NASDAQ:CBRL) to $170.00 indicating a possible upside of 0.04%.

Yesterday Cracker Barrel (NASDAQ:CBRL) traded -0.79% lower at $163.01. The company’s 50-day moving average is $140.97 and its 200-day moving average is $151.66. The last stock close price is up 8.36% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 185,043 shares of the stock were exchanged, down from an average trading volume of 402,602

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Cracker Barrel (NASDAQ:CBRL)

Cracker Barrel has a 52 week low of $118.01 and a 52 week high of $172.89 with a P/E ratio of 20.91 The company’s market cap is currently $0.

In addition to Telsey Advisory reporting its target price, a total of 5 firms have issued a report on the stock. The consensus target price is $172.00 with 0 firms rating the stock a strong buy, 3 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Cracker Barrel (NASDAQ:CBRL)

Cracker Barrel Old Country Store, Inc. is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). The Company's segments include Restaurant and Retail. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states. The format of its stores consists of a rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods. Its restaurants offer home-style country cooking featuring of its own recipes. Its restaurants serve breakfast, lunch and dinner. Its breakfast items include juices, eggs, pancakes, grits, and a range of biscuit specialties. Its lunch and dinner items include country ham, chicken and dumplings, chicken fried chicken, meatloaf, fresh side items and specialty items, such as pinto beans and turnip greens.

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