Dunkin Brands Group (NASDAQ:DNKN) : 3 brokerage houses believe that Dunkin Brands Group (NASDAQ:DNKN) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 12 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Dunkin Brands Group (NASDAQ:DNKN). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 17 Wall Street Analysts endorse the stock as a Hold with a rating of 2.71.
Dunkin Brands Group (NASDAQ:DNKN) stock is expected to deviate a maximum of $4.17 from the average target price of $48.5 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $54 and the most muted being $43.
Company shares have received an average consensus rating of Hold for the current week Also, Nomura initiates coverage on Dunkin Brands Group (NASDAQ:DNKN). The shares have now been rated Neutral by the stock experts at the ratings house. The rating by the firm was issued on April 20, 2016.
Dunkin Brands Group (NASDAQ:DNKN): stock turned positive on Tuesday. Though the stock opened at $42.5, the bulls momentum made the stock top out at $43.29 level for the day. The stock recorded a low of $42.22 and closed the trading day at $43.21, in the green by 2.08%. The total traded volume for the day was 1,538,552. The stock had closed at $42.33 in the previous days trading.
In an insider trading activity, Raskopf Karen, officer (SVP,Chief Communication Offcr) of Dunkin Brands Group, Inc., unloaded 19,200 shares at an average price of $46.75 on May 9, 2016. The total amount of the transaction was worth $897,600, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Dunkin Brands Group, Inc. is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin Donuts and Baskin-Robbins brands. The Company operates business through four segments: Dunkin Donuts-U.S., Dunkin Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. Dunkin Donuts-U.S. segment is a United States QSR concept and markets donut and bagel categories for servings. In addition, it has APODs, such as self-service kiosks in grocery stores, hospitals, airports, offices and other smaller-footprint properties. Baskin-Robbins-U.S. segment is one of the QSR chains in the United States for servings of hard-serve ice cream and develops and sells a range of frozen ice cream treats, such as cones, cakes, sundaes and frozen beverages. It has approximately 11,310 Dunkin Donuts and over 7,552 Baskin-Robbins points of distribution.