Today Stifel Nicolaus Keeps a “Hold” Rating on Brinker International (NYSE:EAT) and a $38.0 Target Price

April 23, 2018 - By Clifton Ray

Brinker International, Inc. (NYSE:EAT) Logo

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.21, from 1.12 in 2017Q3. It dived, as 29 investors sold Brinker International, Inc. shares while 88 reduced holdings. 43 funds opened positions while 63 raised stakes. 53.21 million shares or 0.47% more from 52.96 million shares in 2017Q3 were reported.

New York State Teachers Retirement Systems reported 0.01% stake. Aperio Group Ltd reported 0.01% stake. Eaton Vance Management holds 35,722 shares or 0% of its portfolio. Foundry Partners Limited Liability Corp holds 0.02% or 10,220 shares in its portfolio. Moreover, Great West Life Assurance Can has 0% invested in Brinker International, Inc. (NYSE:EAT). Ameriprise, Minnesota-based fund reported 179,243 shares. Moreover, Panagora Asset Management has 0.01% invested in Brinker International, Inc. (NYSE:EAT). United Services Automobile Association holds 0.04% or 383,210 shares. Jennison Llc reported 27,428 shares. New York-based Citigroup Inc has invested 0% in Brinker International, Inc. (NYSE:EAT). Swiss Bancshares stated it has 0% of its portfolio in Brinker International, Inc. (NYSE:EAT). The Pennsylvania-based Susquehanna Interest Gp Ltd Liability Partnership has invested 0% in Brinker International, Inc. (NYSE:EAT). Financial Bank Of America De holds 0% in Brinker International, Inc. (NYSE:EAT) or 405,719 shares. Alpine Woods Cap Ltd Liability Company holds 160,800 shares or 0.31% of its portfolio. Arizona State Retirement Systems accumulated 33,317 shares or 0.01% of the stock.

Since February 15, 2018, it had 0 buys, and 1 insider sale for $28,286 activity.

Brinker International (NYSE:EAT) Rating Reaffirmed

New York: In a research report shared with investors on Wednesday morning, Stifel Nicolaus reiterated their “Hold” rating on Brinker International (NYSE:EAT) shares. They now have a $38.0 target on the firm. Stifel Nicolaus’s target would suggest a potential downside of -5.66 % from the company’s last close price.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.21, from 1.12 in 2017Q3. It dived, as 29 investors sold Brinker International, Inc. shares while 88 reduced holdings. 43 funds opened positions while 63 raised stakes. 53.21 million shares or 0.47% more from 52.96 million shares in 2017Q3 were reported.

New York State Teachers Retirement Systems reported 0.01% stake. Aperio Group Ltd reported 0.01% stake. Eaton Vance Management holds 35,722 shares or 0% of its portfolio. Foundry Partners Limited Liability Corp holds 0.02% or 10,220 shares in its portfolio. Moreover, Great West Life Assurance Can has 0% invested in Brinker International, Inc. (NYSE:EAT). Ameriprise, Minnesota-based fund reported 179,243 shares. Moreover, Panagora Asset Management has 0.01% invested in Brinker International, Inc. (NYSE:EAT). United Services Automobile Association holds 0.04% or 383,210 shares. Jennison Llc reported 27,428 shares. New York-based Citigroup Inc has invested 0% in Brinker International, Inc. (NYSE:EAT). Swiss Bancshares stated it has 0% of its portfolio in Brinker International, Inc. (NYSE:EAT). The Pennsylvania-based Susquehanna Interest Gp Ltd Liability Partnership has invested 0% in Brinker International, Inc. (NYSE:EAT). Financial Bank Of America De holds 0% in Brinker International, Inc. (NYSE:EAT) or 405,719 shares. Alpine Woods Cap Ltd Liability Company holds 160,800 shares or 0.31% of its portfolio. Arizona State Retirement Systems accumulated 33,317 shares or 0.01% of the stock.

Since February 15, 2018, it had 0 buys, and 1 insider sale for $28,286 activity.

Brinker International, Inc. (NYSE:EAT) Ratings Coverage

Among 7 analysts covering Brinker International (NYSE:EAT), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Brinker International has $52.0 highest and $38.0 lowest target. $41.71’s average target is 3.55% above currents $40.28 stock price. Brinker International had 16 analyst reports since November 13, 2017 according to SRatingsIntel. The rating was maintained by Canaccord Genuity with “Hold” on Friday, January 5. The firm earned “Buy” rating on Tuesday, February 6 by Citigroup. The stock of Brinker International, Inc. (NYSE:EAT) has “Buy” rating given on Monday, November 13 by Citigroup. BMO Capital Markets maintained Brinker International, Inc. (NYSE:EAT) on Tuesday, January 30 with “Hold” rating. The stock of Brinker International, Inc. (NYSE:EAT) has “Equal-Weight” rating given on Wednesday, January 24 by Barclays Capital. The firm has “Hold” rating given on Thursday, April 19 by Canaccord Genuity. RBC Capital Markets maintained it with “Hold” rating and $39.0 target in Wednesday, January 24 report. The stock of Brinker International, Inc. (NYSE:EAT) earned “Hold” rating by Barclays Capital on Tuesday, January 16. The firm has “Buy” rating given on Wednesday, January 31 by Maxim Group. Maxim Group maintained the shares of EAT in report on Thursday, January 25 with “Buy” rating.

The stock increased 1.13% or $0.45 during the last trading session, reaching $40.28. About 301,477 shares traded. Brinker International, Inc. (NYSE:EAT) has declined 16.76% since April 23, 2017 and is downtrending. It has underperformed by 28.31% the S&P500.

Analysts await Brinker International, Inc. (NYSE:EAT) to report earnings on April, 24. They expect $1.04 EPS, up 10.64 % or $0.10 from last year’s $0.94 per share. EAT’s profit will be $48.20M for 9.68 P/E if the $1.04 EPS becomes a reality. After $0.87 actual EPS reported by Brinker International, Inc. for the previous quarter, Wall Street now forecasts 19.54 % EPS growth.

Brinker International, Inc., together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants worldwide. The company has market cap of $1.87 billion. As of June 28, 2017, it owned, operated, or franchised 1,674 restaurants comprising 1,622 restaurants under the Chili's Grill & Bar brand name; and 52 restaurants under the Maggiano's Little Italy brand name. It has a 15.27 P/E ratio.

Brinker International, Inc. (NYSE:EAT) Institutional Positions Chart

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