Dunkin’ Brands Group, Inc. (NASDAQ:DNKN)‘s stock had its “buy” rating reissued by investment analysts at Robert W. Baird in a note issued to investors on Friday. They presently have a $63.00 price target on the restaurant operator’s stock. Robert W. Baird’s price objective would suggest a potential upside of 11.29% from the stock’s current price.

DNKN has been the subject of a number of other reports. BMO Capital Markets restated a “hold” rating on shares of Dunkin’ Brands Group in a research note on Wednesday, September 6th. Maxim Group restated a “buy” rating and set a $64.00 price objective on shares of Dunkin’ Brands Group in a research note on Thursday, July 27th. Royal Bank Of Canada restated an “outperform” rating and set a $64.00 price objective on shares of Dunkin’ Brands Group in a research note on Thursday, August 3rd. Zacks Investment Research lowered shares of Dunkin’ Brands Group from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Stephens restated an “equal weight” rating and set a $54.00 price objective on shares of Dunkin’ Brands Group in a research note on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $58.32.

Dunkin’ Brands Group (DNKN) traded up 1.16% on Friday, reaching $56.61. 753,053 shares of the company traded hands. The company has a market capitalization of $5.11 billion, a PE ratio of 24.83 and a beta of 0.24. The stock’s 50 day moving average price is $53.63 and its 200 day moving average price is $54.56. Dunkin’ Brands Group has a one year low of $46.55 and a one year high of $59.70.

Dunkin’ Brands Group (NASDAQ:DNKN) last released its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.02. The business had revenue of $218.50 million during the quarter, compared to analyst estimates of $220.77 million. Dunkin’ Brands Group had a net margin of 25.48% and a negative return on equity of 141.72%. Dunkin’ Brands Group’s revenue was up 1.0% compared to the same quarter last year. During the same period last year, the business earned $0.57 EPS. On average, equities research analysts predict that Dunkin’ Brands Group will post $2.43 EPS for the current fiscal year.

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In related news, SVP Karen Raskopf sold 33,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total value of $1,742,400.00. Following the transaction, the senior vice president now owns 33,000 shares of the company’s stock, valued at $1,742,400. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.10% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. IHT Wealth Management LLC purchased a new position in shares of Dunkin’ Brands Group in the second quarter worth approximately $104,000. FNY Partners Fund LP boosted its holdings in shares of Dunkin’ Brands Group by 13,233.3% in the second quarter. FNY Partners Fund LP now owns 2,000 shares of the restaurant operator’s stock worth $110,000 after buying an additional 1,985 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings 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 worth $167,000 after buying an additional 109 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Dunkin’ Brands Group by 12.1% in the second quarter. Advisors Asset Management Inc. now owns 3,114 shares of the restaurant operator’s stock worth $172,000 after buying an additional 336 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Dunkin’ Brands Group by 8.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,315 shares of the restaurant operator’s stock worth $183,000 after buying an additional 259 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors.

About Dunkin’ Brands Group

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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