Wells Fargo (NYSE:WFC) analyst Jon Tower maintained a Sell rating on Cracker Barrel (NASDAQ:CBRL) Old Country Store on Wednesday, setting a price target of $139, which is approximately 0.06% above the present share price of $138.91.
Tower expects Cracker Barrel Old Country Store to post earnings per share (EPS) of $1.41 for the third quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in Cracker Barrel, with an average price target of $152.
The analysts price targets range from a high of $159 to a low of $139.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $713.42 million and a net profit of $52.49 million. The company's market cap is $3.3 billion.
According to TipRanks.com, Wells Fargo analyst Jon Tower is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.0% and a 73.33% success rate.
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.