Deutsche Bank Sticks to Its Hold Rating for Brinker International (EAT)


In a report issued on August 19, Brian Mullan from Deutsche Bank maintained a Hold rating on Brinker International (EAT), with a price target of $42. The company’s shares closed last Monday at $39.36.

According to TipRanks.com, Mullan is a 1-star analyst with an average return of -11.2% and a 14.3% success rate. Mullan covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Dine Brands Global Inc, and Cheesecake Factory.

Currently, the analyst consensus on Brinker International is a Moderate Buy with an average price target of $45.33, representing a 17.1% upside. In a report issued on August 13, Barclays also maintained a Hold rating on the stock with a $46 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $53.61 and a one-year low of $36.44. Currently, Brinker International has an average volume of 1.06M.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EAT 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.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts