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Bravo Brio Restaurant Group (NASDAQ:BBRG) reached a new 52-week low during trading on Friday following a dissappointing earnings announcement, StockRatingsNetwork reports. The stock traded as low as $13.52 and last traded at $13.91, with a volume of 265,625 shares trading hands. The stock had previously closed at $14.90.

The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.22 by $0.02. The company had revenue of $104.50 million for the quarter, compared to the consensus estimate of $107.90 million. During the same quarter last year, the company posted $0.22 earnings per share. Bravo Brio Restaurant Group’s revenue was down 1.0% compared to the same quarter last year.

A number of analysts have recently weighed in on BBRG shares. Analysts at Telsey Advisory Group cut their price target on shares of Bravo Brio Restaurant Group from $19.00 to $17.00 in a research note on Friday. They now have a “not rated” rating on the stock. Analysts at Miller Tabak downgraded shares of Bravo Brio Restaurant Group from a “buy” rating to a “hold” rating in a research note on Friday. They now have a $15.00 price target on the stock, down previously from $19.00. Five investment analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of $15.26.

The stock’s 50-day moving average is $15.67 and its 200-day moving average is $15.28. The company has a market cap of $266.5 million and a price-to-earnings ratio of 43.95.

Bravo Brio Restaurant Group, Inc is the owner and operator of two Italian restaurant brands, BRAVO! Cucina Italiana (NASDAQ:BBRG) and BRIO Tuscan Grille (BRIO).

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