On Jun 27, 2018 Oppenheimer Maintains Stock “Outperform” Rating on Darden Restaurants (NYSE:DRI) and $115 Target.

June 27, 2018 - By Sarah Holford

Darden Restaurants, Inc. (NYSE:DRI) Corporate Logo

Big Money Sentiment is 0.88 in Q1 2018. It has change of 2017Q4’s as. The ratio is without change due to Darden Restaurants, Inc. positioning: 53 sold and 190 reduced. only 75 funds acquired positions and 138 increased positions. Investors holded 103.03 million in 2017Q4 but now own 104.89 million shares or 1.80% more.

Renaissance Grp Inc Lc invested in 1.13% or 389,948 shs. Acadian Asset Management Limited Co reported 0% of its capital in Darden Restaurants, Inc. (NYSE:DRI). Proshare Advsr Lc holds 0.02% of its capital in Darden Restaurants, Inc. (NYSE:DRI) for 39,069 shs. Retirement Systems Of Alabama has 59,015 shs. Credit Agricole S A owns 8,100 shs or 0.05% of their US capital. Zwj Counsel has 3,028 shs. Johnson Fin Grp Inc owns 95 shs for 0% of their capital. Goldman Sachs Group holds 2.03M shs or 0.04% of its capital. Hanseatic Svcs, New Mexico-based fund reported 721 shs. 2,856 were accumulated by Ashfield Capital Ptnrs Ltd Liability. Moreover, Lord Abbett And Limited Liability has 0.13% invested in Darden Restaurants, Inc. (NYSE:DRI). Secor Cap Advisors Ltd Partnership reported 30,554 shs. Middleton Ma reported 3,410 shs. 48 are held by Sun Life. Lmr Prns Ltd Liability Partnership stated it has 12,732 shs.

Darden Restaurants, Inc. had 3 insider sales and 0 insider buys since January 10, 2018. This’s net activity of $7.25 million. Shares for $5.79 million were sold by LEE EUGENE I JR on Wednesday, January 10. Cardenas Ricardo had sold 10,783 shs worth $1.05M.

Reiterated Darden Restaurants (NYSE:DRI) Rating.

In analysts note revealed to clients by Oppenheimer’s equity research analysts, Darden Restaurants (NYSE:DRI) had it’s stock Rating maintained to “Outperform”. On Tuesday morning it has $115 or 6.94 % price target that gives a potential upside move.

Darden Restaurants, Inc. (NYSE:DRI) Ratings Coverage

In total 19 analysts cover Darden (NYSE:DRI). “Buy” rating has 12, “Sell” are 0, while 7 are “Hold”. 63% are bullish. 31 are the (NYSE:DRI)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Friday, March 23 the rating was maintained by BMO Capital Markets with “Market Perform”. On Friday, March 23 the firm has “Hold” rating by Deutsche Bank given. The stock rating was maintained by RBC Capital Markets with “Hold” on Friday, March 23. On Thursday, March 8 the rating was maintained by Oppenheimer with “Buy”. On Monday, April 2 the stock of Darden Restaurants, Inc. (NYSE:DRI) has “Buy” rating given by Raymond James. On Thursday, April 19 Bernstein upgraded Darden Restaurants, Inc. (NYSE:DRI) to “Buy” rating. On Wednesday, January 10 the rating was maintained by Oppenheimer with “Buy”. In Thursday, March 22 report Oppenheimer maintained the stock with “Buy” rating. On Tuesday, January 2 the rating was maintained by SunTrust with “Hold”. On Thursday, June 7 the firm has “Buy” rating by SunTrust given.

DRI is hitting $107.54 during the last trading session, after decreased 0.28%.Darden Restaurants, Inc. has volume of 421,036 shares. Since June 27, 2017 DRI has declined 0.25% and is downtrending. DRI underperformed the S&P500 by 12.82%.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada.The firm is worth $13.31 billion. As of June 27, 2017, it owned and operated approximately 1,700 restaurants under the Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, and Eddie V's brands.22.75 is the P/E ratio.

Another two news for Darden Restaurants, Inc. (NYSE:DRI) were briefly posted by: Seekingalpha.com on June 07, 2018 with title “Suntrust sees Darden running to new high”. The other Globenewswire.com‘s article was titled “Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar …” and posted on June 26, 2018.

Darden Restaurants, Inc. (NYSE:DRI) Institutional Investors Chart

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