Deutsche Bank sticks to its holding rating for Darden By Investing.com
German Bank (DE 🙂 Analyst Brian Mullan reiterated a hold note on Darden on Friday, setting a price target of $ 152, or about 5.47% above the current share price of $ 1,441.11.
Mullan expects Darden to post earnings per share (EPS) of $ 2.82 for the second quarter of 2021.
The current consensus among the 21 TipRanks analysts is in favor of a strong buy rating for Darden shares, with an average price target of $ 163.05.
Analysts’ price targets range from a high of $ 175 to a low of $ 150.
In its latest earnings report, released on 5/31/2021, the company reported quarterly revenue of $ 2.28 billion and net profit of $ 328.6 million. The company’s market capitalization is $ 18.86 billion.
According to TipRanks.com, Deutsche Bank analyst Brian Mullan is currently ranked with 4 stars on a 0 to 5 star rating scale, with an average return of 16.1% and a success rate of 64.41%.
Darden Restaurants (NYSE :), Inc. is a full-service restaurant business, providing restaurant services. It operates through the following segments: Olive Garden, LongHorn Steakhouse, Fine Dining and Other Business. The Olive Garden segment is the largest operator of full-service Italian restaurants. The LongHorn Steakhouse segment includes the results of the Company-owned LongHorn Steakhouse restaurants. The Fine Dining segment includes premium brands that operate in the full-service fine dining sub-segment and includes results from its The Capital Grille and Eddie V’s restaurants. The Other Businesses segment includes the remaining brands and includes results from its Cheddar’s Scratch Kitchen, Yard House, Seasons 52 and Bahama Breeze restaurants; and franchises and sales of consumer packaged goods. The company was founded by William B. Darden in 1938 and is headquartered in Orlando, Florida.
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