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ValuEngine downgraded Bloomin' Brands Inc (NASDAQ:BLMN) to Hold in a statement released earlier today.

ValuEngine has downgraded Bloomin' Brands Inc (NASDAQ:BLMN) to Hold in a report released on 6/02/2017.

Yesterday Bloomin' Brands Inc (NASDAQ:BLMN) traded -0.22% lower at $20.48. BLMN’s 50-day average is $17.31 and its two hundred day average is $19.23. With the last stock price close up -6.36% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. Trading volume was down over the average, with 1,507,092 shares of BLMN changing hands under the typical 1,531,820

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Bloomin' Brands Inc (NASDAQ:BLMN)

With a market capitalization of $0, Bloomin' Brands Inc has 52 week low of $15.82 and a 52 week high of $22.16 with a PE ratio of 19.97 .

A total of 11 equity analysts have released a ratings update on the stock. 3 firms rating the stock a strong buy, six analysts rating the company a buy, seven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $20.64.

General Information About Bloomin' Brands Inc (NASDAQ:BLMN)

Bloomin' Brands, Inc. is a holding company. The Company owns and operates casual, upscale casual and fine dining restaurants. The Company operates through two segments: U.S. and International. The U.S. segment includes all brands operating in the United States. The International segment includes brands operating outside the United States. As of December 25, 2016, the Company had a portfolio of four restaurant concepts: Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. OSI Restaurant Partners, LLC (OSI) is the Company's primary operating entity. New Private Restaurant Properties, LLC (PRP), an indirect subsidiary of the Company, leases the Company-owned restaurant properties to OSI's subsidiaries. As of December 25, 2016, the Company owned and operated 1,276 restaurants and franchised 240 restaurants across 48 states, Puerto Rico, Guam and 20 countries.

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