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Longbow downgraded Cracker Barrel (NDAQ:CBRL) from Buy to Neutral in a report released today.

Longbow has downgraded Cracker Barrel (NDAQ:CBRL) from Buy to Neutral in a statement released on Thursday November 23, 2017.

Boasting a price of $147.93, Cracker Barrel (NDAQ:CBRL) traded -2.02% lower on the day. With the last stock price close down -4.99% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the same time period. CBRL has recorded a 50-day moving average of $148.83 and a 200-day moving average of $157.60. 504,985 shares of CBRL traded hands, up from an average trading volume of 310,495

Recent Performance Chart

Cracker Barrel (NDAQ:CBRL)

Cracker Barrel has 52 week low of $130.15 and a 52 week high of $175.04 with a P/E ratio of 17.89 and has a market cap of $0.

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

General Information About Cracker Barrel (NDAQ: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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