Del Friscos Restaurant Group (DFRG) Receives Price Target

Del Friscos Restaurant Group (DFRG) : 4 investment research analysts covering Del Friscos Restaurant Group (DFRG) have an average price target of $16.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $19 and the lowest target is $14 for the short term. Analysts expect the variance to be within $2.08 of the average price.

Del Friscos Restaurant Group (DFRG) : Zacks Investment Research ranks Del Friscos Restaurant Group (DFRG) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.4, which indicates as a Buy.


Also, Canaccord Genuity initiates coverage on Del Friscos Restaurant Group (NASDAQ:DFRG). The rating major has initiated the coverage with hold rating on the shares. The rating by the firm was issued on August 22, 2016.

Del Friscos Restaurant Group (NASDAQ:DFRG): The stock opened at $15.02 on Thursday but the bulls could not build on the opening and the stock topped out at $15.48 for the day. The stock traded down to $14.80 during the day, due to lack of any buying support eventually closed down at $15.00 with a loss of -0.33% for the day. The stock had closed at $15.05 on the previous day. The total traded volume was 312,611 shares.

Del Friscos Restaurant Group Inc. is a holding company. The Company develops owns and operates three contemporary complementary restaurants: Del Friscos Double Eagle Steak House (Del Friscos) Sullivans Steakhouse (Sullivans) and Del Friscos Grille or the Grille. The Companys segments include Del Friscos, Sullivans and Grille. It operates approximately 46 restaurants in over 20 states and the District of Columbia. Each of its three restaurant concepts offers steaks, as well as other menu selections, such as chops and fresh seafood. Its Del Friscos menu includes USDA Prime grade, wet-aged steaks hand-cut at the time of order and a range of other offerings, including prime lamb, fresh seafood, and signature side dishes and desserts. Its Sullivans brand offers open kitchen, live music and a bar area for social gathering and entertainment. Its Del Friscos Grilles menu offers a range of Del Friscos prime aged steaks, other menu items and a selection of wines.

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