Favorable Press Coverage Somewhat Unlikely to Affect Del Frisco's Restaurant Group (DFRG) Stock Price

News coverage about Del Frisco's Restaurant Group (NASDAQ:DFRG) has been trending positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Del Frisco's Restaurant Group earned a media sentiment score of 0.39 on Accern’s scale. Accern also assigned media headlines about the restaurant operator an impact score of 44.5865569857431 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Del Frisco's Restaurant Group (DFRG) opened at $17.45 on Tuesday. The firm has a market capitalization of $371.33, a PE ratio of 38.78, a PEG ratio of 1.99 and a beta of 0.79. The company has a current ratio of 0.76, a quick ratio of 0.33 and a debt-to-equity ratio of 0.19. Del Frisco's Restaurant Group has a 12-month low of $11.70 and a 12-month high of $18.80.

A number of equities research analysts have commented on the company. Zacks Investment Research raised Del Frisco's Restaurant Group from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Friday, January 12th. Raymond James Financial set a $16.00 price target on Del Frisco's Restaurant Group and gave the company a “hold” rating in a report on Monday, October 16th. Credit Suisse Group decreased their price target on Del Frisco's Restaurant Group from $16.50 to $14.50 and set an “outperform” rating on the stock in a report on Wednesday, October 18th. BidaskClub raised Del Frisco's Restaurant Group from a “hold” rating to a “buy” rating in a report on Tuesday. Finally, Canaccord Genuity reissued a “hold” rating and set a $16.00 price target on shares of Del Frisco's Restaurant Group in a report on Sunday, October 1st. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Del Frisco's Restaurant Group presently has an average rating of “Buy” and an average target price of $16.67.

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About Del Frisco's Restaurant Group

Del Frisco’s Restaurant Group, Inc develops, owns and operates three contemporary, complementary restaurants: Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). As of December 27, 2016, the Company operated 53 restaurants in 24 states and the District of Columbia in the United States.

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