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BellRing Brands (BRBR) Receives a Buy from Evercore ISI

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In a report released yesterday, David Palmer from Evercore ISI maintained a Buy rating on BellRing Brands (BRBRResearch Report), with a price target of $35.00. The company’s shares closed last Monday at $24.87.

According to TipRanks.com, Palmer is a 5-star analyst with an average return of 9.2% and a 65.7% success rate. Palmer covers the Consumer Goods sector, focusing on stocks such as Hain Celestial, Conagra Brands, and Hostess Brands.

BellRing Brands has an analyst consensus of Strong Buy, with a price target consensus of $33.67, which is a 47.4% upside from current levels. In a report issued on November 18, Jefferies also assigned a Buy rating to the stock with a $36.00 price target.

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The company has a one-year high of $34.19 and a one-year low of $20.13. Currently, BellRing Brands has an average volume of 409.1K.

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Bellring Brands, Inc. operates as nutrition business. Its products include protein shakes, powders and nutrition bars. The company was founded on March 20, 2019 and is headquartered in Brentwood, MO.

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