Darden Restaurants (DRI) : During the past 4 weeks, traders have been relatively bearish on Darden Restaurants (DRI), hence the stock is down -1.09% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.9% relative to the S&P 500. The 4-week change in the price of the stock is -1.62% and the stock has fallen -2.74% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.18% and the 50-Day Moving Average is 0.95%.The 200 Day SMA reached 2.52%
Darden Restaurants (NYSE:DRI): After opening at $60.61, the stock dipped to an intraday low of $60.61 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $61.495 and the buying power remained strong till the end. The stock closed at $61.32 for the day, a gain of 1.14% for the day session. The total traded volume was 2,300,325. The stocks close on the previous trading day was $61.32.
Darden Restaurants (DRI) has been rated by 14 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $80 and the lowest price target forecast is $53. The average forecast of all the analysts is $69.43 and the expected standard deviation is $7.44.
Darden Restaurants, Inc. is a full service restaurant company. The Company owns and operates more than 1,500 restaurants. The Companys restaurant brands include Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie Vs Prime Seafood, Wildfish Seafood Grill and Yard House. Through subsidiaries, the Company owns and operates all of its restaurants in the United States and Canada, except for three restaurants located in Florida and three restaurants in California, which are owned jointly by the Company and third parties, and managed by the Company, seven franchised restaurants in Puerto Rico and one Atlanta, Georgia airport location.