.jpg "Dunkin")
In a report released yesterday, David Palmer from RBC Capital reiterated a Buy rating on Dunkin’ Brands (NASDAQ: DNKN), with a price target of $75. The company’s shares closed yesterday at $71.19, close to its 52-week high of $73.49.
According to TipRanks.com, Palmer is a 5-star analyst with an average return of 10.0% and a 69.3% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Pinnacle Foods, and Hain Celestial.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dunkin’ Brands with a $72.09 average price target, representing a 1.3% upside. In a report issued on July 11, Maxim Group also maintained a Buy rating on the stock with a $77 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $73.49 and a one-year low of $50.89. Currently, Dunkin’ Brands has an average volume of 1.07M.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Scott Murphy, the COO, DD US of DNKN sold 12,000 shares for a total of $769,680.
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.
