Darden Restaurants (NYSE:DRI) Has Target Of $115 Give by Researchers at Oppenheimer. “Outperform” Didn’t change.

June 27, 2018 - By Michael Higginson

Darden Restaurants, Inc. (NYSE:DRI) Corporate Logo

Big Money Sentiment is 0.88 in 2018 Q1. It has change of 2017Q4’s as. The ratio has no change due to Darden Restaurants, Inc. positioning: 53 sold and 190 reduced. only 75 funds took stakes and 138 increased stakes. Investors holded 103.03 million in 2017Q4 but now own 104.89 million shares or 1.80% more.

Employees Retirement Systems Of Ohio holds 51,916 shs. Adage Cap Gp Limited Company has 158,359 shs for 0.03% of their capital. Archford Strategies Limited Company holds 42 shs or 0% of its capital. Numerixs Inv Technology Inc invested in 0.1% or 4,900 shs. Advantus Mgmt has invested 0.03% in Darden Restaurants, Inc. (NYSE:DRI). Nuveen Asset Management Limited Co invested 0.01% of its capital in Darden Restaurants, Inc. (NYSE:DRI). Gotham Asset Management Limited Com invested in 20,464 shs or 0.02% of the stock. Middleton And Co Inc Ma holds 3,410 shs. Clearbridge Ltd Liability Com has invested 0% in Darden Restaurants, Inc. (NYSE:DRI). State Of Tennessee Treasury Department owns 42,831 shs for 0.02% of their capital. Meiji Yasuda Asset reported 0.11% in Darden Restaurants, Inc. (NYSE:DRI). Proshare Advisors Llc reported 39,069 shs. Altavista Wealth Mngmt reported 0.82% in Darden Restaurants, Inc. (NYSE:DRI). New York-based Inverness Counsel Llc New York has invested 0.03% in Darden Restaurants, Inc. (NYSE:DRI). Us Financial Bank De has invested 0.02% of its capital in Darden Restaurants, Inc. (NYSE:DRI).

Darden Restaurants, Inc. had 3 selling transactions and 0 insider purchases since January 10, 2018. This’s net activity of $7.25 million. LEE EUGENE I JR sold 59,783 shs worth $5.79M. Cardenas Ricardo also sold $1.05 million worth of Darden Restaurants, Inc. (NYSE:DRI) shs.

Reiterated Darden Restaurants (NYSE:DRI) Rating.

In a research report revealed by Oppenheimer’s equity analysts, Darden Restaurants (NYSE:DRI) had it’s stock Rating maintained to “Outperform”. On Tuesday, 26 June it has $115 or 6.94 % target price that gives a potential upside move.

Darden Restaurants, Inc. (NYSE:DRI) Ratings Coverage

A total of 19 analysts rate Darden (NYSE:DRI) as follows: 12 “Buy”, 7 “Hold” and 0 “Sell”. Тherefore 63% are bullish. (NYSE:DRI) has 31 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Friday, June 22 the stock of Darden Restaurants, Inc. (NYSE:DRI) earned “Buy” rating by Canaccord Genuity. In Friday, January 12 report BMO Capital Markets maintained it with “Hold” rating and $99.0 target. On Friday, March 23 the firm has “Market Perform” rating given by BMO Capital Markets. The company rating was maintained by Jefferies on Friday, June 22. On Thursday, June 7 the firm earned “Buy” rating by SunTrust. On Friday, March 23 Stifel Nicolaus maintained Darden Restaurants, Inc. (NYSE:DRI) with “Buy” rating. On Wednesday, January 10 the firm earned “Buy” rating by Oppenheimer. On Friday, March 23 the company was maintained by RBC Capital Markets. On Tuesday, January 2 the firm has “Hold” rating given by SunTrust. The company rating was maintained by Morgan Stanley on Friday, June 22.

The stock decreased 0.28% or $0.3 during the last trading session, reaching $107.54.Darden Restaurants, Inc. has volume of 421,036 shares. Since June 27, 2017 DRI has declined 0.25% and is downtrending. DRI underperformed by 12.82% the S&P500.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada.The firm is worth $13.31 billion. As of June 27, 2017, it owned and operated approximately 1,700 restaurants under the Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, and Eddie V's brands.The P/E ratio is 22.75.

Another two news for Darden Restaurants, Inc. (NYSE:DRI) were briefly released by: Seekingalpha.com on June 07, 2018 with title “Suntrust sees Darden running to new high”. The other Globenewswire.com‘s article was titled “Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar …” and released on June 26, 2018.

Darden Restaurants, Inc. (NYSE:DRI) Institutional Investors Chart

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