Cracker Barrel (CBRL) received a Buy rating and a $190 price target from Maxim Group analyst Stephen Anderson today. The company’s shares closed yesterday at $152.73.
Anderson said:
“We upgrade shares of Cracker Barrel Old Country Store (CBRL) to Buy, from Hold, and raise our price target to $190, from $180, following a recent round of channel checks.”
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 10.2% and a 66.8% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Famous Dave’s Of America.
Currently, the analyst consensus on Cracker Barrel is a Hold with an average price target of $175.
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The company has a one-year high of $185 and a one-year low of $141.63. Currently, Cracker Barrel has an average volume of 370.5K.
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Cracker Barrel Old Country Store, Inc. engages in the operation and development of restaurant and retail concepts. It operates restaurants under the Cracker Barrel Old Country Store brand. It serves breakfast, lunch and dinner, seasonal, kids, and dessert menus. The company was founded by Dan W. Evins on September 19, 1969 and is headquartered in Lebanon, TN.
