In a report issued on September 21, Andrew Strelzik from BMO Capital downgraded Brinker International (NYSE: EAT) to Sell, with a price target of $40. The company’s shares closed on Friday at $47.98.
According to TipRanks.com, Strelzik is a 4-star analyst with an average return of 5.8% and a 69.1% success rate. Strelzik covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Texas Roadhouse, and Dunkin’ Brands.
Brinker International has an analyst consensus of Moderate Buy, with a price target consensus of $48.43.
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The company has a one-year high of $54.14 and a one-year low of $29.94. Currently, Brinker International has an average volume of 975.8K.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is neutral on the stock.
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Brinker International, Inc. engages in owning, developing, and franchising Chili’s Grill and Bar and Maggiano’s Little Italy restaurant brands. It operates through the following segments: Chili’s, and Maggiano’s.
