Jefferies Has Just Reaffirmed $3.75 Target Price Per Share on Bravo Brio (NASDAQ:BBRG) stock, While They’ve Also Reiterated Their “Hold” Rating

September 17, 2017 - By Ellis Scott

 Jefferies Has Just Reaffirmed $3.75 Target Price Per Share on Bravo Brio (NASDAQ:BBRG) stock, While They’ve Also Reiterated Their

Investors sentiment decreased to 0.62 in 2016 Q4. Its down 0.08, from 0.7 in 2016Q3. It worsened, as 9 investors sold Bravo Brio Restaurant Group, Inc. shares while 28 reduced holdings. 9 funds opened positions while 14 raised stakes. 8.41 million shares or 0.50% less from 8.45 million shares in 2016Q3 were reported.

Jacobs Levy Equity Mngmt accumulated 45,929 shares or 0% of the stock. Credit Suisse Ag owns 14,036 shares. Numeric Limited Co reported 120,650 shares. Raymond James & Associates holds 0% of its portfolio in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 92,750 shares. Moreover, Citigroup has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Northern Tru accumulated 0% or 39,165 shares. Synovus Financial Corporation holds 0.01% or 74,954 shares. Cove Street Limited Liability Co holds 0.08% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) or 200,000 shares. Dimensional Fund Advsr Limited Partnership, a Texas-based fund reported 532,717 shares. First Natl Bank Na has 36,863 shares. Nationwide Fund Advsr accumulated 0% or 1,084 shares. Fincl Bank Of America Corporation De reported 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Acadian Asset Mngmt Ltd Liability Co invested in 0.01% or 318,955 shares. Walleye Trading Ltd Liability invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Winslow Asset stated it has 55,079 shares or 0.04% of all its holdings.

Bravo Brio (NASDAQ:BBRG) Rating Reaffirmed

Research professionals at Jefferies now has a $3.75 target on Bravo Brio (NASDAQ:BBRG). Jefferies and their recent target indicates a potential upside of 50.00 % from the company’s last stock price. The rating has been disclosed to clients in a research note on Monday, 11 September.

Investors sentiment decreased to 0.62 in 2016 Q4. Its down 0.08, from 0.7 in 2016Q3. It worsened, as 9 investors sold Bravo Brio Restaurant Group, Inc. shares while 28 reduced holdings. 9 funds opened positions while 14 raised stakes. 8.41 million shares or 0.50% less from 8.45 million shares in 2016Q3 were reported.

Jacobs Levy Equity Mngmt accumulated 45,929 shares or 0% of the stock. Credit Suisse Ag owns 14,036 shares. Numeric Limited Co reported 120,650 shares. Raymond James & Associates holds 0% of its portfolio in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) for 92,750 shares. Moreover, Citigroup has 0% invested in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Northern Tru accumulated 0% or 39,165 shares. Synovus Financial Corporation holds 0.01% or 74,954 shares. Cove Street Limited Liability Co holds 0.08% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) or 200,000 shares. Dimensional Fund Advsr Limited Partnership, a Texas-based fund reported 532,717 shares. First Natl Bank Na has 36,863 shares. Nationwide Fund Advsr accumulated 0% or 1,084 shares. Fincl Bank Of America Corporation De reported 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Acadian Asset Mngmt Ltd Liability Co invested in 0.01% or 318,955 shares. Walleye Trading Ltd Liability invested 0% in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG). Winslow Asset stated it has 55,079 shares or 0.04% of all its holdings.

Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) Ratings Coverage

Among 4 analysts covering Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Bravo Brio Restaurant Group Inc. has $12 highest and $2.0 lowest target. $2.88’s average target is 15.20% above currents $2.5 stock price. Bravo Brio Restaurant Group Inc. had 8 analyst reports since November 6, 2015 according to SRatingsIntel. PiperJaffray downgraded the shares of BBRG in report on Thursday, September 7 to “Underweight” rating. The stock of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) earned “Hold” rating by Jefferies on Thursday, August 4. The firm has “Hold” rating by Jefferies given on Tuesday, June 13. Jefferies maintained it with “Hold” rating and $3.75 target in Monday, September 11 report. The firm earned “Neutral” rating on Thursday, December 10 by Sidoti. On Thursday, September 7 the stock rating was downgraded by Piper Jaffray to “Sell”. Jefferies maintained the stock with “Hold” rating in Wednesday, February 24 report.

It closed at $2.5 lastly. It is down 30.93% since September 17, 2016 and is downtrending. It has underperformed by 47.63% the S&P500.

Investors wait Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) to report on November, 1. its quarterly earnings Wall Street analysts expect $-0.16 earnings per share, $0.00 or 0.00 % from last year’s $-0.16 same quarter earnings. Bravo Brio Restaurant Group, Inc.’s Wall Street analysts see -223.08 % negative EPS growth, taking into account the $0.13 EPS reproted in the previous quarter,

Bravo Brio Restaurant Group, Inc. is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana and BRIO Tuscan Grille (BRIO). The company has market cap of $37.99 million. The Firm operates approximately 120 restaurants in over 30 states. It currently has negative earnings. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.

More notable recent Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) news were published by: Seekingalpha.com which released: “TAC Capital An Overlooked New Influence At Bravo Brio Restaurant Group” on October 13, 2016, also Globenewswire.com with their article: “Bravo Brio Restaurant Group, Inc. Acknowledges Receipt and Issues Response to …” published on January 23, 2017, Seekingalpha.com published: “Business update from Bravo Brio Restaurant Group” on June 09, 2017. More interesting news about Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) were released by: Seekingalpha.com and their article: “Bravo Brio Restaurant Group: Little To No Value Here” published on November 22, 2016 as well as Seekingalpha.com‘s news article titled: “Bravo Brio Restaurant Group’s (BBRG) CEO Brian O’Malley on Q1 2017 Results …” with publication date: May 02, 2017.

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