KeyBanc Starts Cracker Barrel (CBRL) at Buy; Underestimating Upside

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 7/20/2026

1. BA
2. GE
3. AMC
4. TRV
5. EVEX
6. SPY
7. USO
8. XFLT
9. BETA
10. NET

July 12, 2012 4:30 PM EDT
Get Alerts CBRL Hot Sheet
Price: $53.61 --0%

Rating Summary:
    7 Buy, 17 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 14 | New: 41
Join SI Premium – FREE
KeyBanc initiates coverage on Cracker Barrel (NASDAQ: CBRL) with a Buy. PT $75.00.

Analyst, Christopher O'Cull, said, "We believe estimates and valuation underestimate CBRL's ability to drive upside to its 12-15% EPS growth target during the next few years. Visible top-line drivers, tight cost controls and significant capital deployment opportunities should lead to results ahead of the Street's $4.64 EPS estimate for FY13. Moreover, nervous sentiment toward the activist shareholder, Biglari Holdings, creates a buying opportunity."

For an analyst ratings summary and ratings history on Cracker Barrel click here. For more ratings news on Cracker Barrel click here.

Shares of Cracker Barrel closed at $62.08 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

New Coverage

Related Entities

KeyBanc