Jefferies Sticks to Their Hold Rating for Bloomin’ Brands

By Jason Carr

Jefferies analyst Andy Barish reiterated a Hold rating on Bloomin’ Brands (NASDAQ: BLMN) on August 29 and set a price target of $19. The company’s shares opened today at $17.01.

According to TipRanks.com, Barish is a 4-star analyst with an average return of 6.8% and a 52.1% success rate. Barish covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Dave & Busters Entertainment, and Papa John’s International.

Bloomin’ Brands has an analyst consensus of Moderate Buy, with a price target consensus of $22.67.

Bloomin’ Brands’ market cap is currently $1.61B and has a P/E ratio of 18.79. The company has a book value ratio of 17.8060.

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Bloomin’ Brands, Inc. engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the following segments: U.S. and International. The U.S. segment operates in USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China.