Barclays Keeps Their Hold Rating on Brinker International (EAT)

By Ryan Adsit

In a report released yesterday, Jeff Bernstein from Barclays maintained a Hold rating on Brinker International (EATResearch Report), with a price target of $46. The company’s shares closed last Monday at $38.64, close to its 52-week low of $36.82.

According to TipRanks.com, Bernstein is a 5-star analyst with an average return of 9.1% and a 71.2% success rate. Bernstein covers the Services sector, focusing on stocks such as Restaurant Brands International, Dine Brands Global Inc, and US Food Holdings Corp.

Brinker International has an analyst consensus of Moderate Buy, with a price target consensus of $46.50, representing a 14.1% upside. In a report released yesterday, Evercore ISI also assigned a Hold rating to the stock with a $42 price target.

See today’s analyst top recommended stocks >>

Brinker International’s market cap is currently $1.45B and has a P/E ratio of 10.21. The company has a Price to Book ratio of -1.78.

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.