Dunkin Brands Group (DNKN) : The consensus on Dunkin Brands Group (DNKN) based on 17 analyst recommendation on the company stock is 2.71, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 12 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Dunkin Brands Group (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.
Dunkin Brands Group (NASDAQ:DNKN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.10 and $43.97 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.72, notching a gain of 1.34% for the day. The total traded volume was 988,031 . The stock had closed at $44.13 on the previous day.
Also, Nomura initiates coverage on Dunkin Brands Group (NASDAQ:DNKN) The brokerage firm has issued a Neutral rating on the shares. The rating by the firm was issued on April 20, 2016. The company shares have dropped -20.31% 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 $44.12 and the 200 Day Moving Average price is recorded at $44.24.
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.