Maxim Group Sticks to Their Buy Rating for Dunkin’ Brands (DNKN)


Maxim Group analyst Stephen Anderson maintained a Buy rating on Dunkin’ Brands (DNKN) on January 7 and set a price target of $83. The company’s shares closed yesterday at $69.72.

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 10.4% and a 66.5% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.

Currently, the analyst consensus on Dunkin’ Brands is a Moderate Buy with an average price target of $77.78.

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Based on Dunkin’ Brands’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $66.07 million. In comparison, last year the company had a net profit of $195 million.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. Most recently, in November 2018, Richard Emmett, the Chief Legal and HR Officer of DNKN sold 5,000 shares for a total of $371,850.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Dunkin’ Brands Group, Inc. operates as a franchisor of quick service restaurants, which engages in the service of hot and cold coffee, baked goods, and ice cream. It operates through the following segments: Dunkin’ Donuts U.S., Dunkin’ Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. The company was founded on November 22, 2005 and is headquartered in Canton, MA.

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