BofA Securities analyst Sara Senatore maintains $Bloomin Brands (BLMN.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 54.8% and a total average return of 6.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Bloomin Brands (BLMN.US)$'s main analysts recently are as follows:
The firm is revising its valuation projections across the restaurant industry to take into account changes in estimates and increased market multiples in anticipation of the third quarter financial disclosures from the sector.
Bloomin' Brands' comparable sales softened at the outset of Q3 but later found stability, albeit at diminished levels. The assessment highlights that, despite the susceptibility of the sector to the spending power of lower-income consumers, the quick service segment's focus on value has borne fruit. Additionally, it has been noted that inflation and pricing pressures have been on a downtrend.
Note:
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