Wedbush Keeps a Hold Rating on Dunkin’ Brands (DNKN)


Wedbush analyst Nick Setyan maintained a Hold rating on Dunkin’ Brands (DNKN) today and set a price target of $76. The company’s shares opened today at $77.50, equals to its 52-week high of $77.50.

According to TipRanks.com, Setyan is a 4-star analyst with an average return of 4.0% and a 55.7% success rate. Setyan covers the Services sector, focusing on stocks such as Dine Brands Global Inc, Del Taco Restaurants, and Jack In The Box Inc.

Currently, the analyst consensus on Dunkin’ Brands is a Hold with an average price target of $73.20, implying a -5.5% downside from current levels. In a report issued on April 22, Maxim Group also downgraded the stock to Hold with a $79 price target.

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Dunkin’ Brands’ market cap is currently $6.07B and has a P/E ratio of 27.13. The company has a Price to Book ratio of -8.52.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2019, John Clare, the CIO and Chief Strategy Officer of DNKN sold 17,129 shares for a total of $1,181,901.

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’ U.S., Dunkin’ International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.

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