Bloomin’ Brands (BLMN) Rating Reiterated
Bloomin’ Brands (BLMN) had its stock rating noted as “Overweight” by analysts at Barclays. Barclays currently has a $25.0 target price on the $ market cap company or 40.61 % upside potential. This was shown in analysts note on Tuesday morning.
BLMN is now trading 0.00% lower at $0.00 as of 8:12 AM New York time. Bloomin’ Brands’s stock is 0% over the past 200 days. It has underperformed the S&P 500 Index, which has gained 6.00% over the same time.
Out of 11 analysts covering Bloomin’ Brands, 9 rate it a Buy, 7 indicate a Hold while 0 suggest a Sell. The highest target is $25 and the lowest is $18 according to Thomson/First Call. The 12-month mean target is $20.64, which means upside potential of ∞% over the current price.
Institutional Ownership
Mcclain Value Management Llc had the most significant stake with ownership of 253,492 shares as of Q2 2015 for 3.51% of the equity exposure. Skylands Capital Llc is another bullish investment manager who is possessing 447,700 shares of Bloomin’ Brands or 1.21% of their equity exposure. Moreover, Keeley Asset Management Corp have 0.97% of their equity exposure invested in the company for 1.32 million shares. The Colorado-based fund Denver Investment Advisors Llc disclosed it had bought a stake worth about 0.92% of the investment manager’s stock portfolio in Bloomin’ Brands. The New York-based fund Cramer Rosenthal Mcglynn Llc is also positive about the stock, possessing 1.21 million shares or 0.84% of their equity exposure.
Bloomin’ Brands (BLMN) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Bloomin’ Brands has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.
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The post Bloomin’ Brands (BLMN) Investors: Barclays Reconfirms “Overweight” Rating, Sees $25.0/Share appeared first on Octafinance.
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