Positive Report for Dunkin’ Brands (DNKN) from Wedbush


Wedbush analyst Nick Setyan upgraded Dunkin’ Brands (DNKN) to Buy today and set a price target of $92. The company’s shares closed on Friday at $79.54, close to its 52-week high of $81.40.

According to TipRanks.com, Setyan is a 4-star analyst with an average return of 4.5% and a 56.6% 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.

Dunkin’ Brands has an analyst consensus of Hold, with a price target consensus of $75.22.

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Dunkin’ Brands’ market cap is currently $6.57B and has a P/E ratio of 28.73. The company has a Price to Book ratio of -9.50.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock.

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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