Barclays (LON:BARC) analyst Jeff Bernstein maintained a Buy rating on Darden on Thursday, setting a price target of $152, which is approximately 4.90% above the present share price of $144.9.
Bernstein expects Darden to post earnings per share (EPS) of $0.74 for the first quarter of 2021.
The current consensus among 24 TipRanks analysts is for a Strong Buy rating of shares in Darden, with an average price target of $154.58.
The analysts price targets range from a high of $175 to a low of $135.
In its latest earnings report, released on 11/30/2020, the company reported a quarterly revenue of $1.66 billion and a net profit of $120.7 million. The company's market cap is $18.88 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 7.5% and a 69.33% success rate.
Darden Restaurants (NYSE:DRI), Inc. is a full-service restaurant company, which engages in the provision of restaurant services. It operates through the following segments: Olive Garden, LongHorn Steakhouse, Fine Dining, and Other Business. The Olive Garden segment is the largest full-service dining Italian restaurant operator. The LongHorn Steakhouse segment includes the results of the company-owned LongHorn Steakhouse restaurants. The Fine Dining segment comprises of the premium brands that operate within the fine-dining sub-segment of full-service dining and includes the results of its company-owned The Capital Grille and Eddie V's restaurants. The Other Business segment aggregates the remaining brands and includes the results of its company-owned Cheddar's Scratch Kitchen, Yard House, Seasons 52 and Bahama Breeze restaurants; and from franchises and consumer-packaged goods sales. The company was founded by William B. Darden in 1938 and is headquartered in Orlando, FL.