On Jun 27, 2018 6.94 % to Target, Darden Restaurants (NYSE:DRI) Stock Outperform Rating Reiterated by Oppenheimer.

June 27, 2018 - By Madeline Delgado

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

During Q1 2018 the big money sentiment is 0.88. That’s change of 2017Q4’s as. 53 investors sold all, 190 reduced holdings as Darden Restaurants, Inc. ratio is flat. 138 increased holdings while only 75 funds acquired holdings. Funds hold 104.89 million shares thus 1.80% more from 2017Q4’s 103.03 million shares.

Leisure Cap has invested 0.23% in Darden Restaurants, Inc. (NYSE:DRI). Utah-based Utah Retirement Systems has invested 0.04% in Darden Restaurants, Inc. (NYSE:DRI). Sg Americas Securities Limited holds 0.03% in Darden Restaurants, Inc. (NYSE:DRI) or 44,530 shs. Stratos Wealth holds 0% or 989 shs. Martingale Asset Mngmt Lp has 0.56% invested in Darden Restaurants, Inc. (NYSE:DRI). Cambridge Inv Research Advisors, a Iowa-based fund reported 10,049 shs. Millennium Mgmt Ltd Liability invested 0.04% of its capital in Darden Restaurants, Inc. (NYSE:DRI). Us Bancshares De reported 0.02% of its capital in Darden Restaurants, Inc. (NYSE:DRI). Architects has 1,859 shs. Catawba Mngmt Va holds 9,705 shs or 0.2% of its capital. Mackenzie Financial Corp invested in 0% or 2,669 shs. Paloma Ptnrs Mngmt accumulated 38,355 shs or 0.05% of the stock. Legal & General Gru Public Lc accumulated 0.05% or 692,453 shs. Jaffetilchin Prns Ltd invested in 0.07% or 3,778 shs. Dimensional Fund Advsrs Lp owns 700,566 shs.

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

Reiterated Darden Restaurants (NYSE:DRI) Rating.

Darden Restaurants (NYSE:DRI)‘s stock Outperform rating was restate by Oppenheimer on Tuesday, 26 June. The broker’s Investment analysts have a $115 target price and means a potential upside of 6.94 % on the stock.

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 Monday, March 26 Stephens upgraded the shares of DRI in report to “Overweight” rating. On Tuesday, June 26 the company was maintained by Oppenheimer. On Friday, March 23 the firm has “Overweight” rating by Barclays Capital given. On Friday, June 22 the firm has “Equal-Weight” rating by Morgan Stanley given. On Thursday, April 19 Bernstein upgraded the shares of DRI in report to “Buy” rating. On Friday, January 5 the stock of Darden Restaurants, Inc. (NYSE:DRI) earned “Buy” rating by Canaccord Genuity. The stock rating was upgraded by RBC Capital Markets to “Buy” on Monday, April 2. On Friday, March 23 the company was maintained by Deutsche Bank. The company rating was maintained by Oppenheimer on Thursday, March 8. On Thursday, January 11 the rating was maintained by SunTrust with “Hold”.

DRI is touching $107.54 during the last trading session, after decreased 0.28%.Currently Darden Restaurants, Inc. is downtrending after 0.25% change in last June 27, 2017. DRI has also 421,036 shares volume. The stock underperformed the S&P 500 by 12.82%.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada.The firm is valued at $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.22.75 is the P/E ratio.

Another two news for Darden Restaurants, Inc. (NYSE:DRI) were recently announced 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 announced on June 26, 2018.

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

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