In a report released today, Stephen Anderson from Maxim Group reiterated a Buy rating on Brinker International (NYSE: EAT), with a price target of $55. The company’s shares closed yesterday at $45.32.
Anderson wrote:
“We reiterate our Buy rating and $55 price target on Brinker International (EAT) ahead of the release of F1Q19 (September) results on Tuesday, October 30, before the open.”
According to TipRanks.com, Anderson is a top 100 analyst with an average return of 14.0% and a 72.0% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.
Brinker International has an analyst consensus of Moderate Buy, with a price target consensus of $48.33.
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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 1.04M.
Based on the recent corporate insider activity of 43 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.
