Darden Restaurants, Inc. (NYSE:DRI) had its Overweight rating reiterated by Piper Jaffray Companies with a $120.00 price target

ME Staff
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Analyst Ratings For Darden Restaurants, Inc. (NYSE:DRI)

Today, Piper Jaffray Companies reiterated its Overweight rating on Darden Restaurants, Inc. (NYSE:DRI) with a price target of $120.00.

There are 0 sell ratings, 9 hold ratings, 15 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on Darden Restaurants, Inc. (NYSE:DRI) is Buy with a consensus target price of $110.0476 per share, a potential 0.37% downside.

Some recent analyst ratings include

  • 7/23/2018-Piper Jaffray Companies Reiterated Rating of Overweight.
  • 7/16/2018-Maxim Group was Downgraded by analysts at Maxim Group from a “Buy ” rating to a ” Hold” rating. They now have a $112.00 price target on the stock.

Recent Insider Trading Activity For Darden Restaurants, Inc. (NYSE:DRI)
Darden Restaurants, Inc. (NYSE:DRI) has insider ownership of 0.63% and institutional ownership of 89.47%.

  • On 7/13/2018 William S Simon, Director, sold 2,418 with an average share price of $112.09 per share and the total transaction amounting to $271,033.62.
  • On 6/28/2018 David C George, COO, sold 60,970 with an average share price of $106.99 per share and the total transaction amounting to $6,523,180.30.
  • On 6/27/2018 Eugene I Lee Jr, Insider, sold 60,973 with an average share price of $107.34 per share and the total transaction amounting to $6,544,841.82.
  • On 6/26/2018 David C George, COO, sold 38,323 with an average share price of $108.19 per share and the total transaction amounting to $4,146,165.37.
  • On 6/25/2018 Daniel J Kiernan, Insider, sold 6,000 with an average share price of $107.38 per share and the total transaction amounting to $644,280.00.
  • On 6/25/2018 John W Madonna, SVP, sold 700 with an average share price of $109.21 per share and the total transaction amounting to $76,447.00.
  • On 6/25/2018 Ricardo Cardenas, CFO, sold 10,666 with an average share price of $108.86 per share and the total transaction amounting to $1,161,100.76.

About Darden Restaurants, Inc. (NYSE:DRI)
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. 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. The company was founded in 1968 and is based in Orlando, Florida.

Recent Trading Activity for Darden Restaurants, Inc. (NYSE:DRI)
Shares of Darden Restaurants, Inc. closed the previous trading session at 110,46 −1,39 1,24 % with 111.51 shares trading hands.