Zacks Rating on Darden Restaurants (DRI)

Darden Restaurants (DRI) : 16 analysts are covering Darden Restaurants (DRI) and their average rating on the stock is 2.5, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Darden Restaurants (DRI) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Darden Restaurants (DRI) has been rated by 14 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $80 and the lowest price target forecast is $53. The average forecast of all the analysts is $69.43 and the expected standard deviation is $7.44.


Shares of Darden Restaurants, Inc. appreciated by 0.31% during the last five trading days but lost 1.08% on a 4-week basis. Darden Restaurants, Inc. has dropped 4.21% during the last 3-month period . Year-to-Date the stock performance stands at 0.59%. Darden Restaurants (NYSE:DRI): stock turned positive on Tuesday. Though the stock opened at $61.91, the bulls momentum made the stock top out at $62.52 level for the day. The stock recorded a low of $61.77 and closed the trading day at $62.46, in the green by 1.59%. The total traded volume for the day was 1,040,199. The stock had closed at $61.48 in the previous days trading.

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.

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