Dunkin’ Brands Group, Inc. (NASDAQ:DNKN)‘s stock had its “buy” rating reaffirmed by investment analysts at Maxim Group in a research report issued to clients and investors on Thursday. They currently have a $64.00 price target on the restaurant operator’s stock. Maxim Group’s target price would indicate a potential upside of 21.86% from the company’s current price.

The analysts wrote, “Dunkin’ Brands (DNKN) announced 2Q17 (June) pro forma EPS of $0.64, which were above our $0.63 estimate and the $0.62 Street mean.””

Several other brokerages also recently commented on DNKN. Goldman Sachs Group, Inc. (The) downgraded Dunkin’ Brands Group from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $48.00 to $47.00 in a research note on Wednesday, March 29th. They noted that the move was a valuation call. Royal Bank Of Canada raised Dunkin’ Brands Group from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $54.00 to $64.00 in a research note on Monday, May 1st. BMO Capital Markets increased their price objective on Dunkin’ Brands Group from $46.00 to $52.00 and gave the stock a “market perform” rating in a research note on Monday, May 15th. Citigroup Inc. lowered their price objective on Dunkin’ Brands Group from $64.00 to $61.00 and set a “buy” rating for the company in a research note on Tuesday, April 11th. Finally, Zacks Investment Research raised Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Monday, July 17th. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $55.80.

Dunkin’ Brands Group (NASDAQ DNKN) opened at 52.52 on Thursday. The firm has a 50-day moving average price of $55.19 and a 200-day moving average price of $54.78. Dunkin’ Brands Group has a 1-year low of $43.81 and a 1-year high of $59.70. The company has a market capitalization of $4.84 billion, a P/E ratio of 23.66 and a beta of 0.22.

Dunkin’ Brands Group (NASDAQ:DNKN) last issued its quarterly earnings data on Thursday, May 4th. The restaurant operator reported $0.54 EPS for the quarter, topping the consensus estimate of $0.48 by $0.06. The firm had revenue of $190.70 million during the quarter, compared to the consensus estimate of $192.36 million. Dunkin’ Brands Group had a negative return on equity of 133.92% and a net margin of 24.81%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.44 earnings per share. On average, analysts forecast that Dunkin’ Brands Group will post $2.43 EPS for the current fiscal year.

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Several institutional investors have recently added to or reduced their stakes in DNKN. US Bancorp DE raised its position in shares of Dunkin’ Brands Group by 1.8% in the first quarter. US Bancorp DE now owns 3,505 shares of the restaurant operator’s stock valued at $191,000 after buying an additional 63 shares during the period. Proficio Capital Partners LLC raised its position in shares of Dunkin’ Brands Group by 0.7% in the first quarter. Proficio Capital Partners LLC now owns 10,459 shares of the restaurant operator’s stock valued at $593,000 after buying an additional 73 shares during the period. Russell Investments Group Ltd. raised its position in shares of Dunkin’ Brands Group by 3.7% in the first quarter. Russell Investments Group Ltd. now owns 3,061 shares of the restaurant operator’s stock valued at $167,000 after buying an additional 109 shares during the period. Creative Planning raised its position in shares of Dunkin’ Brands Group by 1.6% in the first quarter. Creative Planning now owns 8,954 shares of the restaurant operator’s stock valued at $490,000 after buying an additional 140 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of Dunkin’ Brands Group by 3.9% in the first quarter. PNC Financial Services Group Inc. now owns 7,006 shares of the restaurant operator’s stock valued at $382,000 after buying an additional 266 shares during the period. 94.32% of the stock is owned by institutional investors.

Dunkin’ Brands Group Company Profile

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 through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

Analyst Recommendations for Dunkin` Brands Group (NASDAQ:DNKN)

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