Morgan Stanley Maintains a Sell Rating on Brinker International (EAT)


In a report released today, John Glass from Morgan Stanley maintained a Sell rating on Brinker International (NYSE: EAT), with a price target of $40. The company’s shares opened today at $46.20.

According to TipRanks.com, Glass is a 4-star analyst with an average return of 10.5% and a 57.3% success rate. Glass covers the Services sector, focusing on stocks such as Restaurant Brands International, Jack In The Box Inc, and Red Robin Gourmet.

Brinker International has an analyst consensus of Moderate Buy, with a price target consensus of $49.17.

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The company has a one-year high of $54.14 and a one-year low of $29.99. Currently, Brinker International has an average volume of 1.12M.

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.

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