Dunkin Brands Group (NASDAQ:DNKN) target price raised to $52.00, reported today by Credit Suisse
- Updated: September 20, 2016
Just yesterday Dunkin Brands Group (NASDAQ:DNKN) traded 0.00% even at $47.71. Dunkin Brands Group’s 50-day moving average is $47.71 and its 200-day moving average is $46.35. The last stock price is up 2.92% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 0 shares of DNKN traded hands, down from an average trading volume of 1,505,890
Dunkin Brands Group (NASDAQ:DNKN) had its target price upped to $52.00 by Credit Suisse in an issued report issued 09/20/2016. The bumped up target suggests a potential upside of 0.09% based on the company's previous stock price.
Previously on Tuesday September 13, 2016, Citigroup released a statement about Dunkin Brands Group (NASDAQ:DNKN) increased the target price from $51.00 to $57.00. At the time, this indicated a possible upside of 0.19%.
Recent Performance Chart
Dunkin Brands Group has 52 week low of $36.44 and a 52 week high of $50.64 with a PE ratio of 36.2500 and has a market capitalization of $0.
In addition to Credit Suisse reporting its stock price target, a total of 22 brokers have issued a report on the company. The average stock price target is $48.82 with 2 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 17 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Dunkin Brands Group (NASDAQ:DNKN)
Dunkin' Brands Group, Inc. is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin' Donuts and Baskin-Robbins brands. The Company operates its business through four segments, which include Dunkin' Donuts-U.S., Dunkin' Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. Dunkin' Donuts serves in the hot regular/decaf/flavored coffee category and the iced regular/decaf/flavored coffee category. The Company has over 18,000 points of distribution in approximately 60 countries across the world. It has over 11,750 Dunkin' Donuts points of distribution, of which approximately 8,430 are in the United States and over 3,320 are international, and approximately 7,610 Baskin-Robbins points of distribution, of which over 5,104 are international and approximately 2,500 are in the United States.
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