On May 23, 2025, Citigroup analyst Jon Tower maintained a "Sell" rating for Cracker Barrel Old (CBRL, Financial), a prominent player in the restaurant industry. The stock's evaluation comes amidst a price target adjustment from Citigroup, indicating a shift in the projected valuation.
The firm has increased the price target for CBRL from $39.00 to $42.00 USD, marking a 7.69% change. Despite this updated target, the "Sell" rating has remained unchanged, indicating that the analysis reflects a cautious outlook on the stock's future performance.
This report by Citigroup follows ongoing market evaluations and trends impacting Cracker Barrel Old (CBRL, Financial). Investors and market watchers should consider these elements when reviewing their portfolio strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Cracker Barrel Old Country Store Inc (CBRL, Financial) is $46.00 with a high estimate of $55.00 and a low estimate of $39.00. The average target implies an downside of 18.79% from the current price of $56.65. More detailed estimate data can be found on the Cracker Barrel Old Country Store Inc (CBRL) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Cracker Barrel Old Country Store Inc's (CBRL, Financial) average brokerage recommendation is currently 3.2, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cracker Barrel Old Country Store Inc (CBRL, Financial) in one year is $81.70, suggesting a upside of 44.23% from the current price of $56.645. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cracker Barrel Old Country Store Inc (CBRL) Summary page.
