Zacks Investment Research announced Brinker International, Inc. (NYSE:EAT), boosting its stock price target to $56.00 today
- Updated: October 5, 2016
Having a price of $50.22, Brinker International, Inc. (NYSE:EAT) traded -0.48% lower on the day. With the last stock price up 4.50% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. EAT has recorded a 50-day average of $52.47 and a two hundred day average of $47.91. Trade Volume was down over the average, with 859,431 shares of EAT changing hands under the typical 1,298,530
In a report issued 10/05/2016 Zacks Investment Research bumped up the target of Brinker International, Inc. (NYSE:EAT) to $56.00 stating a potential upside of 0.12%.
Recent Performance Chart
Brinker International, Inc. has PE ratio of 14.64 with a one year low of $43.20 and a one year high of $55.16 and has a market capitalization of $0.
A total of 13 brokerages have issued a ratings update on Brinker International, Inc.. One brokerage rating the company a strong buy, four brokerages rating the company a buy, fifteen brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $49.69.
General Company Details For Brinker International, Inc. (NYSE:EAT)
Brinker International, Inc. is engaged in the ownership, operation, development, and franchising of the Chili's Grill & Bar (Chili's) and Maggiano's Little Italy (Maggiano's) restaurant brands. The Company's Chili's operates Bar & Grill category of casual dining. Chili's menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa. Maggiano's is a full-service, casual dining Italian restaurant brand. Its Maggiano's restaurants feature individual and family-style menus, and its restaurants also has banquet facilities designed to host party business or social events. The Company owns, operates or franchises restaurants, which include approximately 1,650 restaurants in the United States, over 30 countries and approximately two territories outside of the United States.
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