Barclays (LON:BARC) analyst Jeff Bernstein maintained a Buy rating on Bloomin' Brands (NASDAQ:BLMN) on Monday, setting a price target of $32, which is approximately 12.20% above the present share price of $28.52.
Bernstein expects Bloomin' Brands to post earnings per share (EPS) of -$0.16 for the second quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Bloomin' Brands, with an average price target of $29.
The analysts price targets range from a high of $33 to a low of $22.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $812.51 million and a net profit of $2.89 million. The company's market cap is $2.53 billion.
According to TipRanks.com, Barclays analyst Jeff Bernstein is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.1% and a 69.94% success rate.
Bloomin' Brands, Inc. engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the following segments: U.S. and International. The U.S. segment operates in USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China. Its brands include Outback Steakhouse, Carrabba's Italian Grill. Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. The company was founded by Chris Thomas Sullivan, Robert Danker Basham and John Timothy Gannon in October 2006 and is headquartered in Tampa, FL.