RBC Capital announced Dunkin Brands (NASDAQ:DNKN), boosting its stock price target to $54.00 today
- Updated: October 16, 2016
In a statement issued on Monday October 17, 2016 RBC Capital upped the price target of Dunkin Brands (NASDAQ:DNKN) from $51.00 to $54.00 indicating a possible upside of 0.05%.
Yesterday Dunkin Brands (NASDAQ:DNKN) traded 0.94% higher at $51.33. The company’s 50-day moving average is $49.78 and its 200-day moving average is $46.95. The last stock close price is up 9.34% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,180,417 shares of DNKN exchanged hands, down from an avg. volume of 1,426,460
Recent Performance Chart
Dunkin Brands has PE ratio of 39.00 with a one year low of $36.44 and a one year high of $52.30 and has a market capitalization of $0.
A total of 22 brokerages have issued a ratings update on the company. Two analysts rating the company a strong buy, 7 equity analysts rating the company a buy, seventeen brokers rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 brokerages rating the company a sell with a one year target of $48.82.
Brief Synopsis About Dunkin Brands (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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