In a report released today, Stephen Anderson from Maxim Group maintained a Buy rating on Brinker International (NYSE: EAT), with a price target of $55. The company’s shares closed yesterday at $43.85.
Anderson wrote:
“Brinker International (EAT) reported pro forma F4Q18 (March) pro forma EPS of $1.19, in line with the Street, but below our $1.23 estimate.”
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 13.8% and a 72.5% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brinker International with a $50 average price target.
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Brinker International’s market cap is currently $1.92B and has a P/E ratio of 15.77. The company has a Price to Book ratio of -3.16.
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Brinker International, Inc. is a casual dining restaurant company, which 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.
