Bloomin Brands Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for Bloomin Brands (NASDAQ:BLMN), with recent evaluations showing a downward trend in price targets. The average 12-month price target is now $19.83, down from $25.50. Analysts from Barclays, Citigroup, Deutsche Bank, UBS, and BMO Capital have all lowered their price targets, reflecting concerns over Bloomin Brands' financial performance, including revenue decline and high debt-to-equity ratio.
October 22, 2024 | 5:00 pm
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Bloomin Brands faces a downward trend in analyst price targets, with the average now at $19.83, a significant drop from $25.50. Analysts from major firms have lowered their ratings, reflecting concerns over financial performance, including revenue decline and high debt-to-equity ratio.
The article highlights a consistent lowering of price targets by multiple analysts, indicating a negative sentiment towards Bloomin Brands' stock. The financial challenges such as revenue decline and high debt-to-equity ratio further support the likelihood of a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100