Bravo Brio Restaurant Group Inc. (NASDAQ:BBRG) – Equities research analysts at Jefferies Group cut their FY2017 EPS estimates for Bravo Brio Restaurant Group in a report released on Tuesday. Jefferies Group analyst A. Barish now anticipates that the firm will earn $0.57 per share for the year, down from their prior estimate of $0.64. Jefferies Group has a “Hold” rating on the stock.
BBRG has been the topic of a number of other research reports. Zacks Investment Research upgraded shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a report on Tuesday, May 31st. TheStreet upgraded shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a report on Tuesday, May 3rd. Five research analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price of $12.00.
Shares of Bravo Brio Restaurant Group (NASDAQ:BBRG) traded up 0.74% during midday trading on Wednesday, hitting $8.21. The stock had a trading volume of 160,480 shares. Bravo Brio Restaurant Group has a 52 week low of $6.66 and a 52 week high of $13.53. The stock’s 50-day moving average price is $8.06 and its 200 day moving average price is $7.85. The company has a market cap of $120.65 million and a price-to-earnings ratio of 29.53.
Bravo Brio Restaurant Group, Inc is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Company operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.
