Darden Restaurants (DRI) : During the past 4 weeks, traders have been relatively bearish on Darden Restaurants (DRI), hence the stock is down -0.39% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.06% relative to the S&P 500. The 4-week change in the price of the stock is -0.6% and the stock has fallen -0.71% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.34% and the fifty day Moving Average is 2.71%. Darden Restaurants, Inc. has dropped 8.5% during the last three month period . Year-to-Date the stock performance stands at -1.45%.
Darden Restaurants (DRI) stock is expected to deviate a maximum of $7.44 from the average target price of $69.43 for the short term period. 14 Street Experts have initiated coverage on the stock with the most promising target being $80 and the most muted being $53.
Darden Restaurants (NYSE:DRI): On Fridays trading session , Opening price of the stock was $62.71 with an intraday high of $63.15. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $60.91. However, the stock managed to close at $61.19, a loss of 2.87% for the day. On the previous day, the stock had closed at $63. The total traded volume of the day was 1,837,074 shares.
Darden Restaurants, Inc. is a full service restaurant company. The Company owns and operates more than 1,500 restaurants. The Companys restaurant brands include Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie Vs Prime Seafood, Wildfish Seafood Grill and Yard House. Through subsidiaries, the Company owns and operates all of its restaurants in the United States and Canada, except for three restaurants located in Florida and three restaurants in California, which are owned jointly by the Company and third parties, and managed by the Company, seven franchised restaurants in Puerto Rico and one Atlanta, Georgia airport location.