Share on StockTwits

Stock analysts at JPMorgan Chase & Co. raised their price target on shares of Dunkin’ Brands Group (NASDAQ:DNKN) from $46.00 to $50.00 in a report issued on Friday, American Banking News reports. JPMorgan Chase & Co.’s target price indicates a potential upside of 2.06% from the company’s current price.

A number of other analysts have also recently weighed in on DNKN. Analysts at Longbow Research initiated coverage on shares of Dunkin’ Brands Group in a research note to investors on Friday. They set an “underperform” rating on the stock. Separately, analysts at CL King upgraded shares of Dunkin’ Brands Group from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, January 2nd. Finally, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Dunkin’ Brands Group in a research note to investors on Friday, December 6th. They now have a $48.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $49.62.

Shares of Dunkin’ Brands Group (NASDAQ:DNKN) traded up 0.20% during mid-day trading on Friday, hitting $48.99. The stock had a trading volume of 1,847,639 shares. Dunkin’ Brands Group has a one year low of $36.29 and a one year high of $50.41. The stock has a 50-day moving average of $47.21 and a 200-day moving average of $46.06. The company has a market cap of $5.226 billion and a P/E ratio of 37.96.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its earnings data on Thursday, February 6th. The company reported $0.43 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.40 by $0.03. The company had revenue of $183.20 million for the quarter, compared to the consensus estimate of $178.50 million. During the same quarter last year, the company posted $0.34 earnings per share. Dunkin’ Brands Group’s revenue was up 13.3% compared to the same quarter last year. On average, analysts predict that Dunkin’ Brands Group will post $1.81 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, March 19th. Shareholders of record on Monday, March 10th will be paid a dividend of 0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Thursday, March 6th. This is a positive change from Dunkin’ Brands Group’s previous quarterly dividend of $0.19.

Dunkin’ Brands Group, Inc (NASDAQ:DNKN) is a franchisors of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.