Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Group LLC in a research note issued to investors on Tuesday. They presently have a $3.75 target price on the restaurant operator’s stock. Jefferies Group LLC’s price target would indicate a potential upside of 47.06% from the stock’s previous close.

A number of other research analysts have also recently weighed in on the stock. Zacks Investment Research raised shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. Piper Jaffray Companies cut shares of Bravo Brio Restaurant Group from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $5.00 to $2.00 in a research report on Thursday, September 7th. Finally, ValuEngine raised shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st.

Shares of Bravo Brio Restaurant Group (NASDAQ:BBRG) opened at 2.55 on Tuesday. Bravo Brio Restaurant Group has a 12-month low of $2.35 and a 12-month high of $5.30. The firm’s 50-day moving average is $2.96 and its 200-day moving average is $4.22. The firm’s market capitalization is $38.75 million.

Bravo Brio Restaurant Group (NASDAQ:BBRG) last released its earnings results on Thursday, August 3rd. The restaurant operator reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.06. Bravo Brio Restaurant Group had a negative net margin of 18.18% and a negative return on equity of 137.99%. The firm had revenue of $103.04 million during the quarter, compared to the consensus estimate of $104.20 million. During the same period in the previous year, the firm earned $0.06 earnings per share. Bravo Brio Restaurant Group’s revenue was down 2.1% compared to the same quarter last year. Equities research analysts forecast that Bravo Brio Restaurant Group will post $0.26 EPS for the current fiscal year.

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A number of hedge funds have recently made changes to their positions in the business. Addison Clark Management L.L.C. lifted its position in Bravo Brio Restaurant Group by 396.0% during the first quarter. Addison Clark Management L.L.C. now owns 786,235 shares of the restaurant operator’s stock valued at $4,010,000 after buying an additional 627,710 shares in the last quarter. Kennedy Capital Management Inc. lifted its position in Bravo Brio Restaurant Group by 22.5% during the second quarter. Kennedy Capital Management Inc. now owns 785,567 shares of the restaurant operator’s stock valued at $3,614,000 after buying an additional 144,383 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Bravo Brio Restaurant Group by 1.3% during the second quarter. Dimensional Fund Advisors LP now owns 580,539 shares of the restaurant operator’s stock valued at $2,671,000 after buying an additional 7,484 shares in the last quarter. Eagle Boston Investment Management Inc. lifted its position in Bravo Brio Restaurant Group by 2.4% during the second quarter. Eagle Boston Investment Management Inc. now owns 548,713 shares of the restaurant operator’s stock valued at $2,524,000 after buying an additional 12,605 shares in the last quarter. Finally, Rice Hall James & Associates LLC lifted its position in Bravo Brio Restaurant Group by 23.2% during the second quarter. Rice Hall James & Associates LLC now owns 217,829 shares of the restaurant operator’s stock valued at $1,002,000 after buying an additional 41,020 shares in the last quarter. 57.22% of the stock is currently owned by hedge funds and other institutional investors.

About Bravo Brio Restaurant Group

Bravo Brio Restaurant Group, Inc is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Company operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.

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