Darden Restaurants – Consensus Indicates Potential 6.2% Upside

Broker Ratings

Darden Restaurants with ticker code (DRI) now have 25 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 175 and 135 calculating the average target price we see 155.76. With the stocks previous close at 146.72 this is indicating there is a potential upside of 6.2%. The 50 day moving average now sits at 143.24 and the 200 day MA is 124.39. The company has a market cap of $18,921m. Visit the company website at: http://www.darden.com

Darden Restaurants, through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 31, 2020, it owned and operated approximately 1,804 restaurants, which included 868 under the Olive Garden, 522 under the LongHorn Steakhouse, 165 under the Cheddar’s Scratch Kitchen, 81 under the Yard House, 60 under The Capital Grille, 44 under the Seasons 52, 41 under the Bahama Breeze, and 23 under the Eddie V’s Prime Seafood brands. The company was founded in 1968 and is based in Orlando, Florida.

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