Darden Restaurants (NYSE:DRI) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.22 by 18 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 7 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. Bernstein initiates coverage on Darden Restaurants (NYSE:DRI). The current rating of the shares is Market Perform, according to the research report released by the firm. The rating by the firm was issued on May 26, 2016.
Darden Restaurants (NYSE:DRI): 14 Analyst have given the stock of Darden Restaurants (NYSE:DRI) a near short term price target of $72.36. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $6.31. The higher price target estimate is at $80 while the lower price estimates are fixed at $57.
Darden Restaurants (NYSE:DRI) witnessed a decline in the market cap on Tuesday as its shares dropped 0.75% or 0.51 points. After the session commenced at $67.58, the stock reached the higher end at $67.71 while it hit a low of $67.02. With the volume soaring to 1,586,234 shares, the last trade was called at $67.2. The company has a 52-week high of $68.68. The company has a market cap of $8,516 million and there are 126,725,709 shares in outstanding. The 52-week low of the share price is $53.38.
Darden Restaurants, Inc. has dropped 1.29% in the last five trading days, however, the shares have posted positive gains of 1.59% in the last 4 weeks. Darden Restaurants, Inc. is up 1.61% in the last 3-month period. Year-to-Date the stock performance stands at 7.25%.
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.