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Darden Restaurants Inc has a consensus price target of $170.28 based on the ratings of 25 analysts. The high is $192 issued by Citigroup on June 21, 2024. The low is $124 issued by Jefferies on July 11, 2024. The 3 most-recent analyst ratings were released by Raymond James, TD Cowen, and Piper Sandler on August 20, 2024, July 23, 2024, and July 22, 2024, respectively. With an average price target of $156.33 between Raymond James, TD Cowen, and Piper Sandler, there's an implied 1.47% upside for Darden Restaurants Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Darden Restaurants (NYSE:DRI) was reported by Raymond James on August 20, 2024. The analyst firm set a price target for $160.00 expecting DRI to rise to within 12 months (a possible 3.85% upside). 81 analyst firms have reported ratings in the last year.
The latest analyst rating for Darden Restaurants (NYSE:DRI) was provided by Raymond James, and Darden Restaurants maintained their outperform rating.
The last upgrade for Darden Restaurants Inc happened on May 17, 2024 when BTIG raised their price target to $175. BTIG previously had a neutral for Darden Restaurants Inc.
The last downgrade for Darden Restaurants Inc happened on July 23, 2024 when TD Cowen changed their price target from $170 to $150 for Darden Restaurants Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Darden Restaurants, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Darden Restaurants was filed on August 20, 2024 so you should expect the next rating to be made available sometime around August 20, 2025.
While ratings are subjective and will change, the latest Darden Restaurants (DRI) rating was a maintained with a price target of $160.00 to $160.00. The current price Darden Restaurants (DRI) is trading at is $154.07, which is out of the analyst’s predicted range.
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