Brinker International (NYSE:EAT) Price Target Raised to $125.00

Brinker International (NYSE:EAT) had its target price increased by BMO Capital Markets from $105.00 to $125.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have a market perform rating on the restaurant operator’s stock.

A number of other analysts have also weighed in on the stock. The Goldman Sachs Group initiated coverage on shares of Brinker International in a research note on Thursday, December 5th. They issued a “buy” rating and a $150.00 price objective for the company. Evercore ISI upped their price objective on shares of Brinker International from $69.00 to $90.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 15th. Piper Sandler upped their price objective on shares of Brinker International from $62.00 to $97.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Wells Fargo & Company boosted their target price on shares of Brinker International from $130.00 to $145.00 and gave the stock an “equal weight” rating in a report on Thursday, January 23rd. Finally, UBS Group boosted their target price on shares of Brinker International from $108.00 to $146.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Sixteen analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $111.29.

Brinker International Stock Up 16.2 %

Shares of EAT opened at $179.59 on Monday. The firm has a market capitalization of $7.98 billion, a P/E ratio of 43.80, a P/E/G ratio of 1.56 and a beta of 2.52. Brinker International has a 12-month low of $40.12 and a 12-month high of $181.09. The company has a current ratio of 0.32, a quick ratio of 0.26 and a debt-to-equity ratio of 63.54. The firm has a fifty day moving average price of $136.99 and a 200-day moving average price of $100.66.

Brinker International (NYSE:EAT) last issued its earnings results on Wednesday, January 29th. The restaurant operator reported $2.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $1.43. Brinker International had a net margin of 4.11% and a negative return on equity of 839.19%. Equities research analysts expect that Brinker International will post 5.96 earnings per share for the current year.

Institutional Investors Weigh In On Brinker International

A number of large investors have recently bought and sold shares of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Brinker International in the fourth quarter valued at approximately $434,000. MADDEN SECURITIES Corp purchased a new stake in Brinker International in the fourth quarter valued at approximately $265,000. Savant Capital LLC boosted its position in Brinker International by 4.7% in the fourth quarter. Savant Capital LLC now owns 3,274 shares of the restaurant operator’s stock valued at $433,000 after buying an additional 147 shares during the last quarter. Kestra Private Wealth Services LLC boosted its position in Brinker International by 20.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,248 shares of the restaurant operator’s stock valued at $562,000 after buying an additional 730 shares during the last quarter. Finally, Stephens Inc. AR purchased a new stake in Brinker International in the fourth quarter valued at approximately $661,000.

About Brinker International

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.