Tigress Financial Sticks to Its Buy Rating for Bloomin’ Brands (BLMN)

By Carrie Williams

In a report released today, Ivan Feinseth from Tigress Financial reiterated a Buy rating on Bloomin’ Brands (BLMNResearch Report). The company’s shares opened today at $19.24.

According to TipRanks.com, Feinseth is a top 100 analyst with an average return of 17.3% and a 72.5% success rate. Feinseth covers the Consumer Goods sector, focusing on stocks such as Dolby Laboratories, Campbell Soup, and Synaptics Inc.

Bloomin’ Brands has an analyst consensus of Moderate Buy, with a price target consensus of $21.67.

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Bloomin’ Brands’ market cap is currently $1.72B and has a P/E ratio of 16.77. The company has a Price to Book ratio of 37.52.

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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.