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Darden Restaurants Inc has a consensus price target of $178.86 based on the ratings of 28 analysts. The high is $205 issued by Evercore ISI Group on September 20, 2024. The low is $124 issued by Jefferies on July 11, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Wells Fargo, and B of A Securities on October 14, 2024, September 20, 2024, and September 20, 2024, respectively. With an average price target of $174.67 between Stephens & Co., Wells Fargo, and B of A Securities, there's an implied 4.16% 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 Stephens & Co. on October 14, 2024. The analyst firm set a price target for $164.00 expecting DRI to fall to within 12 months (a possible -2.20% downside). 83 analyst firms have reported ratings in the last year.
The latest analyst rating for Darden Restaurants (NYSE:DRI) was provided by Stephens & Co., and Darden Restaurants reiterated their equal-weight rating.
The last upgrade for Darden Restaurants Inc happened on September 20, 2024 when Evercore ISI Group raised their price target to $205. Evercore ISI Group previously had an in-line for Darden Restaurants Inc.
The last downgrade for Darden Restaurants Inc happened on September 20, 2024 when Bernstein changed their price target from $190 to $180 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 October 14, 2024 so you should expect the next rating to be made available sometime around October 14, 2025.
While ratings are subjective and will change, the latest Darden Restaurants (DRI) rating was a reiterated with a price target of $164.00 to $164.00. The current price Darden Restaurants (DRI) is trading at is $167.69, which is out of the analyst’s predicted range.
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