In a report released today, Stephen Anderson from Maxim Group maintained a Hold rating on Cracker Barrel (CBRL), with a price target of $180. The company’s shares closed on Friday at $170.63.
Anderson commented:
“We maintain our Hold rating on Cracker Barrel Old Country Store (CBRL), though raise our price target to $180, from $175, ahead of the release of F2Q19 (January) results on Tuesday, February 26 before the open.”
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 11.0% and a 68.6% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.
Currently, the analyst consensus on Cracker Barrel is a Hold with an average price target of $180.
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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 423.5K.
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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.
