Wells Fargo & Co. Analysts Begin Coverage on Bravio Brio (BBRG)

By admin | 6 years ago

Equities researchers at Wells Fargo & Co. (NYSE: WFC) assumed coverage on shares of Bravio Brio (NASDAQ: BBRG) in a report issued on Friday. The firm set a “market perform” rating on the stock.

Shares of Bravio Brio traded down 0.83% during mid-day trading on Friday, hitting $18.585. Bravio Brio has a one year low of $14.04 and a one year high of $25.16. The company has a market cap of $363.1 million and a P/E ratio of 5.10.

Bravio Brio last issued its quarterly earnings data on Thursday, April 26th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. On average, analysts predict that Bravio Brio will post $0.17 earnings per share next quarter.

Bravo Brio Restaurant Group, Inc. (BBRG), formerly Bravo Development, Inc., is the owner and operator of two Italian restaurant brands, BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO).

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