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Do Analysts Agree Friday on Bloomin' Brands Inc (BLMN) Stock's Target Price?

Friday, March 15, 2024 01:49 PM | InvestorsObserver Analysts

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Do Analysts Agree Friday on Bloomin' Brands Inc (BLMN) Stock's Target Price?

InvestorsObserver is giving Bloomin' Brands Inc (BLMN) an Analyst Rating Rank of 18, meaning BLMN is ranked higher by analysts than 18% of stocks. The average price target for BLMN is $29.09 and analyst’s rate the stock as a Buy.

Overall Score - 3.4
Wall Street analysts are rating BLMN a Buy today. Find out what this means to you and get the rest of the rankings on BLMN!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Bloomin' Brands Inc Stock Today?

Bloomin' Brands Inc (BLMN) stock is trading at $28.27 as of 1:48 PM on Friday, Mar 15, a decline of -$0.24, or -0.84% from the previous closing price of $28.51. The stock has traded between $28.16 and $28.55 so far today. Volume today is low. So far 529,214 shares have traded compared to average volume of 1,411,818 shares. Click Here to get the full Stock Report for Bloomin' Brands Inc stock.

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