Rating Coverage: Analysts at Credit Suisse Maintained their “Outperform” rating for Dunkin Brands (NASDAQ:DNKN). The Target Price per Share Given is $57

November 29, 2016 - By whatsonthorold

Rating Coverage:  Analysts at Credit Suisse Maintained their

Dunkin Brands (NASDAQ:DNKN) Rating

Analysts at Credit Suisse have $57 target price on Dunkin Brands (NASDAQ:DNKN). Credit Suisse’s target price gives a potential upside of 5.20% from the company’s last stock close. The rating was released in a research note on Tuesday morning.

Dunkin Brands Group Inc (NASDAQ:DNKN) Ratings Coverage

Out of 22 analysts covering Dunkin Brands (NASDAQ:DNKN), 9 rate it a “Buy”, 1 “Sell”, while 12 “Hold”. This means 41% are positive. $62 is the highest target while $42 is the lowest. The $49.73 average target is -8.21% below today’s ($54.18) stock price. Dunkin Brands has been the topic of 40 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Maxim Group maintained it with “Buy” rating and $58 target price in Friday, October 2 report. Wedbush maintained it with “Neutral” rating and $47 target price in Friday, April 29 report. The company was upgraded on Monday, September 7 by Zacks. The stock of Dunkin Brands Group Inc (NASDAQ:DNKN) has “Hold” rating given on Monday, March 7 by Guggenheim. The stock has “Buy” rating given by CLSA on Wednesday, October 28. The rating was initiated by Maxim Group on Friday, August 28 with “Buy”. CLSA upgraded Dunkin Brands Group Inc (NASDAQ:DNKN) on Friday, October 2 to “Outperform” rating. Zacks upgraded Dunkin Brands Group Inc (NASDAQ:DNKN) on Wednesday, August 26 to “Hold” rating. The rating was maintained by Maxim Group with “Buy” on Tuesday, September 27. The rating was downgraded by William Blair on Tuesday, January 19 to “Market Perform”.

About 40,727 shares traded hands. Dunkin Brands Group Inc (NASDAQ:DNKN) has risen 12.35% since April 26, 2016 and is uptrending. It has outperformed by 7.09% the S&P500.

Analysts await Dunkin Brands Group Inc (NASDAQ:DNKN) to report earnings on February, 2. They expect $0.61 EPS, up 17.31% or $0.09 from last year’s $0.52 per share. DNKN’s profit will be $55.73 million for 22.20 P/E if the $0.61 EPS becomes a reality. After $0.60 actual EPS reported by Dunkin Brands Group Inc for the previous quarter, Wall Street now forecasts 1.67% EPS growth.

Insitutional Activity: The institutional sentiment decreased to 0.84 in 2016 Q2. Its down 0.21, from 1.05 in 2016Q1. The ratio dived, as 39 funds sold all Dunkin Brands Group Inc shares owned while 88 reduced positions. 34 funds bought stakes while 99 increased positions. They now own 85.63 million shares or 4.38% less from 89.55 million shares in 2016Q1.

Synovus Financial last reported 3 shares in the company. Lazard Asset Mgmt Ltd has 0% invested in the company for 210 shares. Moreover, Train Babcock Advsrs Ltd Company has 1.13% invested in Dunkin Brands Group Inc (NASDAQ:DNKN) for 65,315 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 2,706 shares or 0% of the stock. Credit Suisse Ag holds 0.01% of its portfolio in Dunkin Brands Group Inc (NASDAQ:DNKN) for 132,121 shares. The Maryland-based Profund Advsr Limited Com has invested 0.02% in Dunkin Brands Group Inc (NASDAQ:DNKN). Bankshares Of New York Mellon Corporation reported 1.12 million shares or 0.01% of all its holdings. Oregon Pub Employees Retirement Fund owns 30,923 shares or 0.03% of their US portfolio. The Connecticut-based Bradley Foster Sargent Ct has invested 0.02% in Dunkin Brands Group Inc (NASDAQ:DNKN). Parsons Ri owns 73,359 shares or 0.47% of their US portfolio. The Utah-based Utah Retirement has invested 0.02% in Dunkin Brands Group Inc (NASDAQ:DNKN). Capstone Advsrs has 1.02% invested in the company for 43,496 shares. Texas Permanent School Fund has 0.04% invested in the company for 70,070 shares. Td Asset Mngmt Inc accumulated 0% or 8,200 shares. Amarillo State Bank has invested 0.41% of its portfolio in Dunkin Brands Group Inc (NASDAQ:DNKN).

Insider Transactions: Since August 1, 2016, the stock had 0 insider buys, and 9 insider sales for $3.81 million net activity. 5,000 Dunkin Brands Group Inc (NASDAQ:DNKN) shares with value of $236,650 were sold by EMMETT RICHARD J. 12,782 shares were sold by COSTELLO JOHN H, worth $577,107 on Monday, August 1. $179,701 worth of Dunkin Brands Group Inc (NASDAQ:DNKN) was sold by CARBONE PAUL C. 5,648 shares with value of $259,074 were sold by Mitchell William M on Friday, August 5. Another trade for 18,750 shares valued at $885,563 was made by Murphy Scott on Friday, November 4. Clare John L. sold $478,241 worth of stock. Shares for $507,780 were sold by Raskopf Karen on Thursday, October 27.

Dunkin’ Brands Group, Inc. is a franchisor of quick service restaurants serving hot and cold coffee and baked goods, as well as hard serve ice cream. The company has a market cap of $4.95 billion. The Firm franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. It has a 38.28 P/E ratio. The Firm operates its business through four divisions, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

According to Zacks Investment Research, “Dunkin’ Brands Group, Inc. owns, operates, and franchises quick service restaurants worldwide. It serves hot and cold coffee and baked goods, as well as ice cream. Its brands include Dunkin’ Donuts and Baskin-Robbins. Dunkin’ Brands Group is headquartered in Canton, Massachusetts.”

DNKN Company Profile

Dunkin’ Brands Group, Inc., incorporated on November 22, 2005, is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Firm franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Firm operates its business through four divisions, which include Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. The Firm has over 18,000 points of distribution in approximately 60 countries across the world. It has over 11,750 Dunkin’ Donuts points of distribution, of which approximately 8,430 are in the United States and over 3,320 are international, and approximately 7,610 Baskin-Robbins points of distribution, of which over 5,104 are international and approximately 2,500 are in the United States.

More notable recent Dunkin Brands Group Inc (NASDAQ:DNKN) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Dunkin’ Brands Group, Ormat Technologies and Southern” on November 15, 2016, also Wsj.com with their article: “Dunkin’ Brands Franchisees Slowing on Store Openings” published on October 20, 2016, Wsj.com published: “Former McDonald’s Executive to Give Up More Than $6 Million in Move to Dunkin …” on September 22, 2016. More interesting news about Dunkin Brands Group Inc (NASDAQ:DNKN) were released by: Prnewswire.com and their article: “Dunkin’ Donuts Celebrates National Espresso Day with $1.99 Medium Hot or Iced …” published on November 23, 2016 as well as Finance.Yahoo.com‘s news article titled: “Dunkin’ Brands Poised for Long-Term Growth, Risks Remain” with publication date: November 17, 2016.

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