Cracker Barrel Old Country Store (NASDAQ:CBRL) had its price objective decreased by Truist Securities from $178.00 to $159.00 in a research report sent to investors on Wednesday, Price Targets.com reports. Truist Securities currently has a hold rating on the restaurant operator’s stock.
CBRL has been the subject of several other reports. Zacks Investment Research upgraded shares of Cracker Barrel Old Country Store from a sell rating to a strong-buy rating and set a $185.00 target price for the company in a research note on Friday, May 28th. Truist raised their price objective on shares of Cracker Barrel Old Country Store from $171.00 to $178.00 and gave the stock a hold rating in a research report on Friday, June 18th. Finally, Wells Fargo & Company cut their price objective on shares of Cracker Barrel Old Country Store from $164.00 to $137.00 and set an underweight rating for the company in a research report on Wednesday, September 8th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Cracker Barrel Old Country Store presently has an average rating of Hold and a consensus target price of $167.78.
Shares of NASDAQ:CBRL opened at $138.61 on Wednesday. Cracker Barrel Old Country Store has a 52-week low of $106.92 and a 52-week high of $178.82. The company has a market capitalization of $3.29 billion, a P/E ratio of 13.55 and a beta of 1.51. The company has a 50-day simple moving average of $138.99 and a 200 day simple moving average of $153.60. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.03 and a current ratio of 1.32.
About Cracker Barrel Old Country Store
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.
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