Citigroup Reiterates Rating on CBRL $CBRL
Key Points
- Citigroup now rates Cracker Barrel Old Country Store, Inc. ($CBRL) "sell" with a $34 target.
- Citigroup's $34 price target implies 27.12% downside from Cracker Barrel Old Country Store, Inc.'s ($CBRL) current $46.66 share price.
- The Street's average $CBRL price target is $45.
- $CBRL last traded around $46.66.
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Citigroup reiterated its rating on Cracker Barrel Old Country Store, Inc. ($CBRL) to a "sell" rating in a recent research note and set a price target of $34, a 27.12% downside from the current price.
Cracker Barrel Old Country Store, Inc. Stock Down 16.2%
Shares of Cracker Barrel Old Country Store, Inc. ($CBRL) traded around $46.66 on Saturday, down 16.2% for the day.
Cracker Barrel Old Country Store, Inc. Earnings
Cracker Barrel Old Country Store, Inc. Dividend
Analysts Set New Price Targets
About Cracker Barrel Old Country Store, Inc.
Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. Its Cracker Barrel stores consist of restaurants with a gift shop. The company's restaurants serve breakfast, lunch, and dinner, as well as dine-in, pick-up, and delivery services. Its gift shops offer various decorative and functional items, such as rocking chairs, seasonal gifts, apparel, toys, food, cookware, and various other gift items, as well as various candies, preserves, and other food items. Cracker Barrel Old Country Store, Inc. was incorporated in 1969 and is headquartered in Lebanon, Tennessee.
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