BMO Capital Maintains Outperform Rating for Brinker International: Here's What You Need To Know

BMO Capital has decided to maintain its Outperform rating of Brinker International EAT and raise its price target from $52.00 to $55.00.

Shares of Brinker International are trading up 1.19% over the last 24 hours, at $43.30 per share.

A move to $55.00 would account for a 27.02% increase from the current share price.

About Brinker International

Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.