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Zacks Investment Research downgraded Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) to Sell in a statement released earlier today.

Zacks Investment Research has downgraded Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) to Sell in a report released on 10/04/2016.

Yesterday Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) traded -0.33% lower at $132.03. Cracker Barrel Old Country Store, Inc.’s 50-day moving average is $147.30 and its 200-day moving average is $154.30. The last stock price is down -14.70% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 327,961 shares of the stock were exchanged, down from an average trading volume of 364,102

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Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)

Cracker Barrel Old Country Store, Inc. has a 52 week low of $118.01 and a 52 week high of $172.89 with a P/E ratio of 16.75 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 5 brokers have issued a research note on the company. The average stock price target is $172.00 with 0 firms rating the stock a strong buy, 3 equity analysts rating the company a buy, five brokerages rating the stock a hold, 0 analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.

General Information About Cracker Barrel Old Country Store, Inc. (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, among others.

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