Dunkin’ Brands Group (NASDAQ: DNKN)‘s stock had its “hold” rating reiterated by stock analysts at Longbow Research in a report issued on Tuesday, StockRatingsNetwork.com reports. They currently have a $45.00 price objective on the stock. Longbow Research’s price objective would suggest a potential upside of 3.23% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at JP Morgan Cazenove raised their price target on shares of Dunkin’ Brands Group from $40.00 to $45.00 in a research note to investors on Tuesday. Separately, analysts at Stifel Nicolaus initiated coverage on shares of Dunkin’ Brands Group in a research note to investors on Tuesday. They set a “hold” rating on the stock. Finally, analysts at Argus raised their price target on shares of Dunkin’ Brands Group from $46.00 to $55.00 in a research note to investors on Monday, July 8th. They now have a “buy” rating on the stock.
Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Dunkin’ Brands Group has a consensus rating of “Hold” and an average price target of $42.40.
Dunkin’ Brands Group (NASDAQ: DNKN) traded down 0.98% on Tuesday, hitting $43.59. Dunkin’ Brands Group has a 1-year low of $27.93 and a 1-year high of $45.00. The stock’s 50-day moving average is currently $42.37. The company has a market cap of $4.647 billion and a price-to-earnings ratio of 46.98.
Dunkin’ Brands Group (NASDAQ: DNKN) last posted its quarterly earnings results on Thursday, April 25th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.29. The company had revenue of $161.90 million for the quarter, compared to the consensus estimate of $160.51 million. During the same quarter in the previous year, the company posted $0.25 earnings per share. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, analysts predict that Dunkin’ Brands Group will post $1.53 earnings per share for the current fiscal year.
Dunkin’ Brands Group, Inc (NASDAQ: DNKN) is a franchisors of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream.
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