Cracker Barrel Old Country Store Upgraded at Zacks (CBRL)
Cracker Barrel Old Country Store (NASDAQ:CBRL) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a note issued to investors on Monday. The firm currently has a $100.40 price objective on the stock. Zacks‘s target price would indicate a potential upside of 0.99% from the company’s current price.
Cracker Barrel Old Country Store (NASDAQ:CBRL) traded up 0.56% during mid-day trading on Monday, hitting $99.98. 67,322 shares of the company’s stock traded hands. Cracker Barrel Old Country Store has a 52-week low of $92.84 and a 52-week high of $118.63. The stock has a 50-day moving average of $98.42 and a 200-day moving average of $98.40. The company has a market cap of $2.382 billion and a P/E ratio of 18.73.
Separately, analysts at Argus downgraded shares of Cracker Barrel Old Country Store from a “buy” rating to a “hold” rating in a research note on Wednesday, June 18th. They now have a $120.00 price target on the stock. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $110.08.
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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