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Cracker Barrel Old Country Store (NASDAQ:CBRL) was upgraded by equities research analysts at Miller Tabak from a “hold” rating to a “buy” rating in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm currently has a $114.00 target price on the stock. Miller Tabak’s target price points to a potential upside of 15.14% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Ned Davis Research upgraded shares of Cracker Barrel Old Country Store from a “neutral” rating to a “buy” rating in a research note to investors on Monday, January 6th. Finally, analysts at Argus reiterated a “buy” rating on shares of Cracker Barrel Old Country Store in a research note to investors on Tuesday, November 19th. They now have a $120.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $111.66.

Shares of Cracker Barrel Old Country Store (NASDAQ:CBRL) opened at 99.01 on Friday. Cracker Barrel Old Country Store has a 52-week low of $64.53 and a 52-week high of $118.63. The stock has a 50-day moving average of $106.3 and a 200-day moving average of $104.7. The company has a market cap of $2.358 billion and a price-to-earnings ratio of 19.29.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last announced its earnings results on Tuesday, November 26th. The company reported $1.22 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.13 by $0.09. The company had revenue of $649.10 million for the quarter, compared to the consensus estimate of $646.72 million. During the same quarter last year, the company posted $1.47 earnings per share. Cracker Barrel Old Country Store’s revenue was up 3.4% compared to the same quarter last year. Analysts expect that Cracker Barrel Old Country Store will post $5.78 EPS for the current fiscal year.

Cracker Barrel Old Country Store, Inc is principally engaged in the operation and development of the Cracker Barrel Old Country Store concept (NASDAQ:CBRL).

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