UBS Reiterates Buy Rating for Darden Restaurants, Inc. with $240 Target
UBS reiterated its buy rating for Darden Restaurants, Inc., setting a target price of $240, a 16.26% upside from the current price.
Key Points
- UBS analyst Dennis Geiger reiterated a buy rating on Darden Restaurants, Inc. with a price target of $240.
- UBS's $240 price target implies 16.26% upside from Darden Restaurants, Inc.'s ($DRI) current $206.44 share price.
- On Friday, DRI shares traded near $211.1, with a market cap of approximately $24.37 billion.
- Darden's stock is closely watched by analysts, with multiple firms maintaining ratings and setting price targets.
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UBS analyst Dennis Geiger reiterated a buy rating for Darden Restaurants, Inc. (NYSE:DRI) on June 26, 2026. The firm set a price target of $240, suggesting confidence in the company's future performance. Shares of DRI traded around $211.1 on Friday.
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Darden Restaurants, Inc. Stock Down 4.3%
Shares of NYSE:DRI traded near $211.1 on Friday. Darden Restaurants has a market cap of about $24.37 billion, a P/E ratio of 20.36, and a forward P/E of 17.02. The stock's 52-week range spans from $169.0 to $222.56, with a 50-day moving average of $200.92 and a 200-day moving average of $195.90. Darden's beta is 0.587, indicating lower volatility compared to the market.
$DRI price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Darden Restaurants, Inc.
On June 23, 2026, several Darden executives, including President and CEO Ricardo Cardenas, bought shares. Cardenas acquired 23,249 shares, while John Wilkerson, President of Olive Garden, purchased 2,325 shares. Other executives, such as Rajesh Vennam, Susan Connelly, Laura Williamson, and Melvin John Martin, also made stock purchases, reflecting confidence in the company's prospects.
Analysts Set New Price Targets
On June 26, 2026, UBS maintained its buy rating on Darden with a $240 price target. Deutsche Bank also maintained a buy rating, setting a target of $236. Piper Sandler, Baird, and Stephens & Co. maintained hold ratings with targets of $212, $220, and $216, respectively. BTIG and Guggenheim also reiterated buy ratings, each with a $235 target. The consensus among analysts is a buy recommendation, with an average target price of $227.08 based on 25 opinions.
About Darden Restaurants, Inc.
Darden Restaurants, Inc., headquartered in Orlando, Florida, operates a range of full-service restaurants in the United States and Canada. Its well-known brands include Olive Garden, LongHorn Steakhouse, and Cheddar's Scratch Kitchen, among others. The company was founded in 1938 and employs nearly 198,000 people. Under the leadership of CEO Ricardo Cardenas, Darden continues to expand its presence in the restaurant industry.
Bottom Line
UBS's reiterated buy rating and $240 price target highlight continued confidence in Darden Restaurants, Inc. Analysts and investors keep a close watch on Darden due to its significant market presence and diverse portfolio of restaurant brands. The company's recent stock activity and analyst ratings suggest it remains a key player in the consumer cyclical sector.
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