New York: Dunkin Brands Group (NASDAQ:DNKN) Stock Has Just Had Its Neutral Rating Reiterated by Bank of America. Shares now Have a $69 Target

June 14, 2018 - By Nellie Frank

Dunkin' Brands Group, Inc. (NASDAQ:DNKN) Logo

Investors sentiment decreased to 0.97 in Q1 2018. Its down 0.16, from 1.13 in 2017Q4. It worsened, as 30 investors sold Dunkin' Brands Group, Inc. shares while 111 reduced holdings. 52 funds opened positions while 85 raised stakes. 80.16 million shares or 3.00% more from 77.82 million shares in 2017Q4 were reported.

Chicago Equity Prtnrs Ltd Liability Corp owns 52,165 shares or 0.1% of their US portfolio. Mutual Of America Capital Mngmt Limited Company holds 67,749 shares or 0.06% of its portfolio. Gemmer Asset Mgmt Ltd holds 82 shares. Neuberger Berman Lc reported 65,731 shares. Ny State Teachers Retirement, a New York-based fund reported 95,388 shares. Oak Ridge Ltd Llc reported 0.17% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). 5,742 are held by Commerce State Bank. Parametric Assoc Ltd Limited Liability Company owns 114,435 shares. State Of Alaska Department Of Revenue reported 29,320 shares stake. Waddell And Reed Financial Incorporated reported 0.28% of its portfolio in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Northstar Grp, a New York-based fund reported 10,875 shares. 584 are held by Atlantic Ltd Limited Liability Company. Legal & General Gp Public Ltd Com, a United Kingdom-based fund reported 103,800 shares. San Francisco Sentry (Ca) invested 0.01% in Dunkin' Brands Group, Inc. (NASDAQ:DNKN). Eaton Vance Mgmt reported 9,807 shares stake.

Since February 14, 2018, it had 0 insider buys, and 15 insider sales for $33.61 million activity. Mitchell William M sold $2.83 million worth of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) on Wednesday, February 14. 14,737 shares were sold by Clare John L., worth $942,579 on Monday, May 7. Another trade for 1,530 shares valued at $99,205 was made by Jaspon Katherine D. on Tuesday, May 8. Shares for $1.73 million were sold by EMMETT RICHARD J on Tuesday, February 27. Murphy Scott sold 12,000 shares worth $769,680.

Dunkin Brands Group (NASDAQ:DNKN) Rating Reaffirmed

Bank of America now has a $69 TP on shares of Dunkin Brands Group (NASDAQ:DNKN). The TP indicates a potential upside of 0.77 % from the previous stock close of Dunkin Brands Group (NASDAQ:DNKN). This rating was disclosed in an analyst note on Thursday, 14 June.

Dunkin' Brands Group, Inc. (NASDAQ:DNKN) Ratings Coverage

Among 17 analysts covering Dunkin’ Brands (NASDAQ:DNKN), 7 have Buy rating, 1 Sell and 9 Hold. Therefore 41% are positive. Dunkin’ Brands has $78.0 highest and $54 lowest target. $64.29’s average target is -6.10% below currents $68.47 stock price. Dunkin’ Brands had 24 analyst reports since December 21, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Friday, April 27 by Robert W. Baird. Credit Suisse maintained the stock with “Buy” rating in Thursday, December 21 report. The company was maintained on Wednesday, February 7 by Mizuho. The stock of Dunkin' Brands Group, Inc. (NASDAQ:DNKN) has “Hold” rating given on Friday, January 12 by BMO Capital Markets. As per Friday, December 22, the company rating was upgraded by Jefferies. Robert W. Baird maintained Dunkin' Brands Group, Inc. (NASDAQ:DNKN) rating on Thursday, February 8. Robert W. Baird has “Buy” rating and $74.0 target. The firm earned “Outperform” rating on Monday, February 12 by BMO Capital Markets. As per Thursday, June 7, the company rating was maintained by Barclays Capital. The firm has “Buy” rating by Maxim Group given on Tuesday, April 17. The firm has “Hold” rating given on Monday, February 5 by Stephens.

The stock increased 0.74% or $0.5 during the last trading session, reaching $68.47. About 688,518 shares traded. Dunkin' Brands Group, Inc. (NASDAQ:DNKN) has risen 12.83% since June 15, 2017 and is uptrending. It has outperformed by 0.26% the S&P500.

Analysts await Dunkin' Brands Group, Inc. (NASDAQ:DNKN) to report earnings on July, 26. They expect $0.74 earnings per share, up 15.63 % or $0.10 from last year’s $0.64 per share. DNKN’s profit will be $61.40M for 23.13 P/E if the $0.74 EPS becomes a reality. After $0.62 actual earnings per share reported by Dunkin' Brands Group, Inc. for the previous quarter, Wall Street now forecasts 19.35 % EPS growth.

DunkinÂ’ Brands Group, Inc., together with its subsidiaries, develops, franchises, and licenses quick service restaurants under the DunkinÂ’ Donuts and Baskin-Robbins brands worldwide. The company has market cap of $5.68 billion. The firm operates through four divisions: DunkinÂ’ Donuts U.S., DunkinÂ’ Donuts International, Baskin-Robbins International, and Baskin-Robbins U.S. It has a 17.49 P/E ratio. The Company’s restaurants offer hot and cold coffee, baked goods, donuts, bagels, muffins, breakfast sandwiches, hard-serve ice cream, soft serve ice cream, frozen yogurt, shakes, malts, floats, and cakes.

More notable recent Dunkin' Brands Group, Inc. (NASDAQ:DNKN) news were published by: Seekingalpha.com which released: “JAB Holdings lands Pret A Manger” on May 29, 2018, also Fool.com with their article: “Why I Will Never Buy Dunkin’ Brands Stock” published on June 05, 2018, Seekingalpha.com published: “Dunkin’ Brands CEO takes aim at short seller” on June 04, 2018. More interesting news about Dunkin' Brands Group, Inc. (NASDAQ:DNKN) were released by: Seekingalpha.com and their article: “Why Invest In Companies That Partner With Sports Leagues?” published on June 03, 2018 as well as Seekingalpha.com‘s news article titled: “Cheap Coffee Prices Will Not Last Long” with publication date: June 01, 2018.

Dunkin' Brands Group, Inc. (NASDAQ:DNKN) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: