Dunkin Brands Group (NASDAQ:DNKN) : 13 Wall Street analysts covering Dunkin Brands Group (NASDAQ:DNKN) believe that the average level the stock could reach for the short term is $49.54. The maximum price target given is $62 and the minimum target for short term is around $43, hence the standard deviation is calculated at $5.47.
Other Equity analysts have also commented on the company shares. Nomura initiates coverage on Dunkin Brands Group (NASDAQ:DNKN). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on April 20, 2016.
Dunkin Brands Group (NASDAQ:DNKN): stock turned positive on Thursday. Though the stock opened at $42.93, the bulls momentum made the stock top out at $43.68 level for the day. The stock recorded a low of $42.645 and closed the trading day at $43.53, in the green by 2.06%. The total traded volume for the day was 1,944,267. The stock had closed at $42.65 in the previous days trading.
The company shares have dropped -21.89% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $56.79 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $44.73 and the 200 Day Moving Average price is recorded at $44.17. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Raskopf Karen, officer (SVP,Chief Communication Offcr) of Dunkin Brands Group, Inc., had unloaded 19,200 shares at an average price of $46.75 in a transaction dated on May 9, 2016. The total value of the transaction was worth $897,600.
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.