.jpg "Dunkin")
Robert W. Baird analyst David Tarantino reiterated a Buy rating on Dunkin’ Brands (NASDAQ: DNKN) today and set a price target of $80. The company’s shares opened today at $71.19, close to its 52-week high of $73.49.
According to TipRanks.com, Tarantino is a 4-star analyst with an average return of 6.2% and a 59.9% success rate. Tarantino covers the Services sector, focusing on stocks such as Jack In The Box Inc, Cheesecake Factory, and Texas Roadhouse.
The word on The Street in general, suggests a Hold analyst consensus rating for Dunkin’ Brands with a $70.56 average price target, implying a -0.9% downside from current levels. 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 >>
Dunkin’ Brands’ market cap is currently $5.86B and has a P/E ratio of 18.40. The company has a Price to Book ratio of -6.85.
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.
