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Brinker International (EAT) Receives a Hold from Stifel Nicolaus


Stifel Nicolaus analyst Christopher O`Cull reiterated a Hold rating on Brinker International (EAT) yesterday and set a price target of $57. The company’s shares opened today at $50.19.

According to TipRanks.com, O`Cull is a 5-star analyst with an average return of 11.1% and a 70.0% success rate. O`Cull covers the Services sector, focusing on stocks such as Papa John’s International, Jack In The Box Inc, and Red Robin Gourmet.

The word on The Street in general, suggests a Hold analyst consensus rating for Brinker International with a $48.57 average price target, representing a -3.2% downside. In a report issued on November 29, Barclays also maintained a Hold rating on the stock with a $48 price target.

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Based on Brinker International’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $26.4 million. In comparison, last year the company had a net profit of $9.88 million.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. Last month, Joseph G. Taylor, the SVP & CFO of EAT sold 4,000 shares for a total of $202,760.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.