Wedbush analyst Nick Setyan maintained a Hold rating on Dunkin’ Brands (DNKN) today and set a price target of $86.00. The company’s shares closed last Friday at $86.46, close to its 52-week high of $87.32.
According to TipRanks.com, Setyan is a 4-star analyst with an average return of 6.2% and a 57.3% success rate. Setyan covers the Services sector, focusing on stocks such as Papa John’s International, Del Taco Restaurants, and Dine Brands Global.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dunkin’ Brands with a $79.47 average price target, implying a -8.3% downside from current levels. In a report issued on October 5, BTIG also downgraded the stock to Hold with a $75.00 price target.
See today’s analyst top recommended stocks >>
Dunkin’ Brands’ market cap is currently $7.11B and has a P/E ratio of 33.00. The company has a Price to Book ratio of -2.57.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DNKN in relation to earlier this year.
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. The company was founded in 1950 and is headquartered in Canton, MA.
