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Cracker Barrel (NASDAQ:CBRL) target price lowered to $150.00, reported today by Telsey Advisory Group

Yesterday Cracker Barrel (NASDAQ:CBRL) traded 7.01% lower at $139.98. Cracker Barrel’s 50-day average is $155.77 and its two hundred day average is $155.62. With the last stock close down 10.05% relative to the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the date range. 1,815,293 shares of Cracker Barrel were exchanged, up from ann average trading volume of 317,548.

Reporting a possible upside of 0.07%, Telsey Advisory Group dropped the target price of Cracker Barrel (NASDAQ:CBRL) to $150

See Chart Below:

Cracker Barrel (NASDAQ:CBRL)

In addition to Telsey Advisory Group reporting it’s target price, a total of 5 brokerages have reported on the stock. The consensus target price is $172.00 with 0 rating the stock a strong buy, three firms rating the stock a buy, five firms rating the stock a hold, 0 rating the stock to underperform, and lastly 0 firms rating the company as sell.

Cracker Barrel has a one-year low of $118.01 and a 52 week high of $172.89 with a price-earnings ratio of 18. CBRL’s market cap is currently $0.0.

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). Each Cracker Barrel store consists of a restaurant with a gift shop. The format of its stores consists of a trademarked 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 its own recipes. Its breakfast items include juices, eggs, pancakes, fruit and yogurt parfaits, grits, and a range of biscuit specialties, such as gravy and biscuits and country ham and biscuits. Its lunch and dinner items include country ham, chicken and dumplings, chicken fried chicken, meatloaf, roast beef, vegetable plates, a range of salads, sandwiches, soups, fresh side items and specialty items, and among others.

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