Del Frisco’s Restaurant Group Sets New 12-Month High at $24.40 (DFRG)
Del Frisco’s Restaurant Group (NASDAQ:DFRG)’s share price hit a new 52-week high during trading on Wednesday , AmericanBankingNews.com reports. The stock traded as high as $24.40 and last traded at $23.87, with a volume of 100,200 shares changing hands. The stock had previously closed at $23.97.
Separately, analysts at Stephens initiated coverage on shares of Del Frisco’s Restaurant Group in a research note on Friday, December 13th. They set an “overweight” rating on the stock. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $25.67.
The stock’s 50-day moving average is $23.03 and its 200-day moving average is $20.63. The company has a market cap of $559.2 million and a price-to-earnings ratio of 38.41.
Del Frisco’s Restaurant Group, Inc is a holding company. The Company develops, owns and operates three contemporary, complementary restaurants: Del Frisco’s Double Eagle Steak House (NASDAQ:DFRG), Sullivan’s Steakhouse (Sullivan’s), and Del Frisco’s Grille, or the Grille.
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