▼ -5.64% Downside Potential
This price target is based on 15 analysts offering 12 month price targets for Bloomin' Brands in the last 3 months. The average price target is $17.33, with a high forecast of $25.00 and a low forecast of $12.00. The average price target represents a -5.64% upside from the last price of $18.37.
The current consensus among 15 investment analysts is to buy stock in Bloomin' Brands. This Buy consensus rating has held steady for over two years.
Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse. As of December 29, 2019, the company owned and operated 1,045 restaurants and franchised 173 restaurants across 48 states; and owned and operated 128 restaurants and franchised 127 restaurants across 21 countries, Puerto Rico, and Guam. Bloomin' Brands, Inc. was incorporated in 2006 and is based in Tampa, Florida.