In a report released yesterday, Stephen Anderson from Maxim Group reiterated a Buy rating on Cracker Barrel (CBRL), with a price target of $195.00. The company’s shares closed last Monday at $155.10.
According to TipRanks.com, Anderson is a 4-star analyst with an average return of 4.6% and a 54.9% 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 Moderate Buy with an average price target of $173.33.
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Cracker Barrel’s market cap is currently $3.73B and has a P/E ratio of 16.73. The company has a Price to Book ratio of 6.17.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CBRL in relation to earlier this year.
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.
