In stock market news, B of A Securities has maintained its "Underperform" rating on Cracker Barrel Old (CBRL, Financial). The investment firm, led by analyst Sara Senatore, has raised its price target for CBRL from $39.00 to $45.00. This adjustment represents a 15.38% increase in the projected price level for the renowned restaurant and gift shop chain.
The updated price target reflects B of A Securities' latest valuation of CBRL, which despite the increase, continues to suggest a cautious outlook with the "Underperform" rating. As of June 6, 2025, Cracker Barrel Old (CBRL, Financial) continues to be monitored closely after this notable revision.
Investors are paying close attention to these adjustments as they evaluate their positions and strategies concerning Cracker Barrel Old (CBRL, Financial). No changes have been made to the overall stock rating, which remains as "Underperform" according to B of A Securities.
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 $51.14 with a high estimate of $63.00 and a low estimate of $39.00. The average target implies an downside of 6.32% from the current price of $54.60. 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 $81.90, suggesting a upside of 50.01% from the current price of $54.595. 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.
