In a report released today, Alton Stump from Loop Capital Markets maintained a Hold rating on Cracker Barrel (CBRL – Research Report), with a price target of $50.00. The company’s shares closed last Friday at $48.98.
Stump covers the Consumer Cyclical sector, focusing on stocks such as Jack In The Box, Domino’s Pizza, and Papa John’s International. According to TipRanks, Stump has an average return of 2.7% and a 51.61% success rate on recommended stocks.
In addition to Loop Capital Markets, Cracker Barrel also received a Hold from Truist Financial’s Jake Bartlett in a report issued on May 17. However, on the same day, Bank of America Securities assigned a Sell rating to Cracker Barrel (NASDAQ: CBRL).
CBRL market cap is currently $1.09B and has a P/E ratio of 13.08.
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Cracker Barrel (CBRL) Company Description:
Cracker Barrel Old Country Store, Inc. engages in the operation and development of restaurant and retail outlets. The format of its stores consists of a trademarked rustic old country-store design that offers restaurant menu featuring home-style country food. The company was founded by Dan W. Evins on September 19, 1969 and is headquartered in Lebanon, TN.
Read More on CBRL:
- Cracker Barrel (NASDAQ:CBRL) Plunges After Dividend Cut
- Robinhood upgraded, Baidu downgraded: Wall Street’s top analyst calls
- Cracker Barrel price target lowered to $51 from $60 at Truist
- Cracker Barrel downgraded to Neutral from Buy at CL King
- Cracker Barrel price target lowered to $50 from $62 at BofA
