Company shares were Reiterated by Telsey Advisory Group on Jul 7, 2016 to “Outperform”, Firm has raised the Price Target to $ 56 from a previous price target of $52.Shares were Reiterated by Maxim Group on Jun 7, 2016 to “Buy” and Lowered the Price Target to $ 55 from a previous price target of $58.Telsey Advisory Group Resumed Brinker International on Jun 6, 2016 to “Outperform”, Price Target of the shares are set at $52. Cambiar Investors LLC boosted its position in shares of Brinker International by 9.0% in the second quarter.
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Brinker International climbed 12% in the wake of its fiscal fourth-quarter financial report. (NYSE:EAT)’s most recent quarter, EPS moved to $1.24 from $1.00 in prior quarter and revenues reached at $881.68M versus $824.64M. The stock had a trading volume of 1.5 M shares. Brinker has recorded a 50-day moving average of $47.11 and 200-day average of $46.88. (NYSE:EAT) recently. The rating firm gave a Equal Weight rating to this stock in a research note on April 20, 2016.Goldman analysts issued their verdict on Brinker International, Inc.
While looking at the Stock’s Performance, Brinker International, Inc. now shows a Weekly Performance of 16.05%, where Monthly Performance is 10.06%, Quarterly performance is 17.91%, 6 Months performance is 16.15% and yearly performance percentage is -3.61%. The company has market capitalization of $2.94B.
Many Wall Street Analysts have commented on Brinker International. ROBERTS WYMAN is one of the largest insider shareholders in Brinker International, Inc. Stock’s minimum price target estimates has been figured out at $45.00 while the maximum price target forecast is established at $57.00. They now have a $55.00 price objective on the stock, up from their previous price objective of $49.00. Analysts had a consensus of $1.23. JPMorgan Chase & Co. restated a “buy” rating on shares of Brinker International in a research report on Sunday, June 12th. During the same period a year ago, the business earned $0.94 EPS. These analysts have also projected a Low Estimate of $0.48/share and a High Estimate of $0.58/share. Now the stock has been rated as “Buy” from 5 Analysts. 4 analysts have rated the company as a “Hold”.
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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 owns, operates or franchises restaurants, which include approximately 1, 650 restaurants in the United States, and over 30 countries and approximately two territories outside of the United States. Analysts predict that Brinker International will post $3.44 EPS for the current year.
