Sell-Side Analysts Peg Darden Restaurants, Inc. (NYSE:DRI) With a Consensus Recommendation of 2.2

Darden Restaurants, Inc. (NYSE:DRI) has seen institutional interest move -0.50% over the past 6 months and firms now hold 94.60% of the total 122.6 shares of the 13764.3  market cap company that operates in the 
Restaurants industry.  The shares typically see 1291.93 shares trade hands on a daily basis and recently touched 112.27 on a recent bid, or -12.57% from the 50 day high.  This is compared to the wall street target of 126.65. 

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Investors may be looking to compare the current stock price of Darden Restaurants, Inc. (NYSE:DRI) to some of its moving averages. After a recent check, the 200-day MA is resting at 115.64, and the 50-day is 117.05. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a specific period of time. Moving averages can be very useful for identifying peaks and troughs. They may also be used to help the trader figure out proper support and resistance levels for the stock.

The 14-day ADX for Darden Restaurants, Inc. (NYSE:DRI) is currently at 28.8. In general, and ADX value from 0-25 would represent an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would signify a very strong trend, and a value of 75-100 would point to an extremely strong trend. Checking in on some other technical levels, the 14-day RSI is currently at 46.36, the 7-day stands at 52.24, and the 3-day is sitting at 49.63. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings.

At the time of writing, Darden Restaurants, Inc. (NYSE:DRI) has a 14-day Commodity Channel Index (CCI) of 100.62. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a specific time period. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. Investors may be watching other technical indicators such as the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Darden Restaurants, Inc. (NYSE:DRI)’s Williams %R presently stands at -30.84. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation.

Darden Restaurants, Inc. (NYSE:DRI)’s performance so far this year is 12.43%.  The stock has moved 1.68% over the last five trading days, -3.10% over the last thirty calendar days, and -6.51% over the last three months.  Over the last six months, Darden Restaurants, Inc.’s stock has been -4.60% and 3.89% for last full year. 

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