In a report released yesterday, Andrew Lazar from Barclays maintained a Buy rating on BellRing Brands (BRBR), with a price target of $21.00. The company’s shares closed last Thursday at $16.49.
According to TipRanks.com, Lazar is a 5-star analyst with an average return of 6.5% and a 62.0% success rate. Lazar covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company.
Currently, the analyst consensus on BellRing Brands is a Strong Buy with an average price target of $23.57, implying a 46.6% upside from current levels. In a report issued on April 2, Citigroup also initiated coverage with a Buy rating on the stock with a $21.00 price target.
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The company has a one-year high of $24.04 and a one-year low of $13.57. Currently, BellRing Brands has an average volume of 478.7K.
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Bellring Brands, Inc. operates as nutrition business. Its products include protein shakes, powders and nutrition bars. The company was founded on March 20, 2019 and is headquartered in Brentwood, MO.
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