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Cracker Barrel Old Country Store (CBRL) Stock Forecast & Price Target

$42.99
-0.92 (-2.10%)
(As of 10/9/2024 ET)

Cracker Barrel Old Country Store - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
7
Buy
0

Based on 9 Wall Street analysts who have issued ratings for Cracker Barrel Old Country Store in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 9 analysts, 2 have given a sell rating, and 7 have given a hold rating for CBRL.

Consensus Price Target

$53.57
24.61% Upside
According to the 9 analysts' twelve-month price targets for Cracker Barrel Old Country Store, the average price target is $53.57. The highest price target for CBRL is $90.00, while the lowest price target for CBRL is $42.00. The average price target represents a forecasted upside of 24.61% from the current price of $42.99.
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CBRL Analyst Ratings Over Time

TypeCurrent Forecast
10/11/23 to 10/10/24
1 Month Ago
9/11/23 to 9/10/24
3 Months Ago
7/13/23 to 7/12/24
1 Year Ago
10/11/22 to 10/11/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$53.57$59.29$62.14$90.44
Forecasted Upside24.61% Upside62.96% Upside47.47% Upside34.15% Upside
Consensus Rating
Reduce
Reduce
Reduce
Hold

CBRL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CBRL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cracker Barrel Old Country Store Stock vs. The Competition

TypeCracker Barrel Old Country StoreRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
1.78
2.51
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside24.61% Upside38.60% Upside7.34% Upside
News Sentiment Rating
Positive News

See Recent CBRL News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/20/2024Bank of America
4 of 5 stars
 Boost TargetUnderperform ➝ Underperform$40.00 ➝ $42.00-0.52%
9/20/2024Truist Financial
2 of 5 stars
 Boost TargetHold ➝ Hold$42.00 ➝ $44.00+6.18%
9/20/2024Loop Capital
2 of 5 stars
 Lower TargetHold ➝ Hold$50.00 ➝ $45.00+9.46%
9/19/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$55.00 ➝ $42.00+1.06%
8/6/2024Argus
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J. Kelleher
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DowngradeBuy ➝ Hold
6/3/2024Benchmark
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T. Brooks
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UpgradeHold
5/31/2024Citigroup
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 Lower TargetSell ➝ Sell$48.00 ➝ $42.00-14.46%
5/17/2024CL King
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A. Wolf
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DowngradeBuy ➝ Neutral$90.00+57.15%
3/4/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$75.00 ➝ $70.00+5.56%
3/1/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$100.00 ➝ $110.00-0.30%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:50 AM ET.


CBRL Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Cracker Barrel Old Country Store is $53.57, with a high forecast of $90.00 and a low forecast of $42.00.

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cracker Barrel Old Country Store in the last twelve months. There are currently 2 sell ratings and 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CBRL shares.

According to analysts, Cracker Barrel Old Country Store's stock has a predicted upside of 24.61% based on their 12-month stock forecasts.

Over the previous 90 days, Cracker Barrel Old Country Store's stock had 1 downgrade by analysts.

Cracker Barrel Old Country Store has been rated by research analysts at Argus, Bank of America, Loop Capital, Truist Financial, and UBS Group in the past 90 days.

Analysts like Cracker Barrel Old Country Store less than other "retail/wholesale" companies. The consensus rating for Cracker Barrel Old Country Store is Reduce while the average consensus rating for "retail/wholesale" companies is Moderate Buy. Learn more on how CBRL compares to other companies.


This page (NASDAQ:CBRL) was last updated on 10/10/2024 by MarketBeat.com Staff
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