Shares of Cracker Barrel Old Country Store Inc (Symbol: CBRL) have surpassed the average analyst 12-month target price of $106.40, trading at $106.44 per share. This development prompts potential reactions from analysts, including downgrading the stock or raising the target price depending on the company’s performance.
Current analyst targets for CBRL vary, with one predicting a low of $92.00 and another as high as $130.00, resulting in a standard deviation of $14.223. There is currently 1 strong buy, 1 buy, 2 holds, 1 sell, and 1 strong sell rating among analysts, leading to an average rating of 3.0 on a scale where 1 is strong buy and 5 is strong sell.
