Brinker International (NYSE:EAT) Given New $200.00 Price Target at Wells Fargo & Company

Brinker International (NYSE:EATGet Free Report) had its target price upped by equities researchers at Wells Fargo & Company from $175.00 to $200.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the restaurant operator’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 20.01% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Morgan Stanley raised shares of Brinker International from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $160.00 to $200.00 in a research note on Tuesday. The Goldman Sachs Group cut their price objective on Brinker International from $207.00 to $180.00 and set a “buy” rating on the stock in a research report on Tuesday, September 30th. Stifel Nicolaus cut their price target on shares of Brinker International from $215.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Jefferies Financial Group boosted their price objective on shares of Brinker International from $125.00 to $155.00 and gave the company a “hold” rating in a research report on Monday, December 15th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Brinker International from $155.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Thirteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $181.05.

Read Our Latest Stock Report on EAT

Brinker International Trading Up 3.6%

Brinker International stock traded up $5.75 during trading hours on Thursday, reaching $166.65. The stock had a trading volume of 123,049 shares, compared to its average volume of 944,212. The stock has a market cap of $7.40 billion, a PE ratio of 17.30, a PEG ratio of 1.10 and a beta of 1.34. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.35 and a quick ratio of 0.29. Brinker International has a 52 week low of $100.30 and a 52 week high of $192.21. The company has a fifty day simple moving average of $146.76 and a 200-day simple moving average of $144.47.

Brinker International (NYSE:EATGet Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.17. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the firm earned $0.95 earnings per share. The firm’s quarterly revenue was up 18.5% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Analysts forecast that Brinker International will post 8.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Concord Wealth Partners purchased a new position in Brinker International in the second quarter valued at $25,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Brinker International during the third quarter worth about $25,000. Allworth Financial LP increased its position in Brinker International by 105.8% during the 2nd quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 73 shares during the period. Salomon & Ludwin LLC purchased a new position in shares of Brinker International during the 3rd quarter worth approximately $26,000. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Brinker International in the 2nd quarter valued at approximately $33,000.

Key Stories Impacting Brinker International

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Brinker International Company Profile

(Get Free Report)

Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full?service restaurants, offering a range of American?style menu items, handcrafted cocktails and family?friendly dining experiences. Through dine?in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.

The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited?time offerings and seasonal beverages.

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Analyst Recommendations for Brinker International (NYSE:EAT)

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