Free Trial

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

$42.14
+1.13 (+2.76%)
(As of 07/12/2024 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

Consensus Price Target

$62.14
47.47% Upside
High Forecast$90.00
Average Forecast$62.14
Low Forecast$42.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Reduce
Reduce
Reduce
Hold
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)
1 Buy rating(s)
2 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$62.14$62.14$77.14$104.50
Forecasted Upside47.47% Upside10.95% Upside9.62% Upside4.13% Upside
Get Cracker Barrel Old Country Store Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for CBRL and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Cracker Barrel Old Country Store Stock vs. The Competition

TypeCracker Barrel Old Country StoreRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
1.75
2.46
2.50
Consensus RatingReduceHoldModerate Buy
Predicted Upside47.47% Upside53.61% Upside9.38% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/3/2024Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
T. Brooks
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold
5/31/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetSell ➝ Sell$48.00 ➝ $42.00-14.46%
5/31/2024Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHold ➝ Hold$51.00 ➝ $46.00-1.86%
5/20/2024Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHold ➝ Hold$72.00 ➝ $50.00+4.10%
5/17/2024CL King
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Wolf
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral$90.00+57.15%
5/16/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetUnderperform ➝ Underperform$72.00 ➝ $62.00+9.58%
3/4/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$75.00 ➝ $70.00+5.56%
2/28/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetNeutral ➝ Neutral$82.00 ➝ $75.00+10.46%
3/24/2023Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeHold ➝ Buy$126.00+12.09%
3/1/2023Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 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 Saturday at 12:28 PM ET.

CBRL Forecast - Frequently Asked Questions

What is Cracker Barrel Old Country Store's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Cracker Barrel Old Country Store is $62.14, with a high forecast of $90.00 and a low forecast of $42.00.

Should I buy or sell Cracker Barrel Old Country Store stock right now?

8 Wall Street equities 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 6 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" CBRL shares.

Does Cracker Barrel Old Country Store's stock price have much upside?

According to analysts, Cracker Barrel Old Country Store's stock has a predicted upside of 10.95% based on their 12-month stock forecasts.

Has Cracker Barrel Old Country Store been upgraded or downgraded by Wall Street analysts recently?

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

What analysts cover Cracker Barrel Old Country Store?

Cracker Barrel Old Country Store has been rated by research analysts at Bank of America, Benchmark, Citigroup, CL King, Loop Capital, and Truist Financial in the past 90 days.

Do Wall Street analysts like Cracker Barrel Old Country Store more than its competitors?

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 Hold. Learn more on how CBRL compares to other companies.


This page (NASDAQ:CBRL) was last updated on 7/13/2024 by MarketBeat.com Staff

From Our Partners