Dutch Bros Inc (BROS) Receives a Hold from Robert W. Baird

In a report released on January 9, David Tarantino from Robert W. Baird assigned a Hold rating to Dutch Bros Inc (BROSResearch Report), with a price target of $36.00. The company’s shares closed yesterday at $35.78.

According to TipRanks, Tarantino is a 5-star analyst with an average return of 9.0% and a 62.92% success rate. Tarantino covers the Services sector, focusing on stocks such as Jack In The Box, Yum! Brands, and Darden.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dutch Bros Inc with a $38.00 average price target.

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BROS market cap is currently $5.36B and has a P/E ratio of -224.26.

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BROS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Dutch Bros Inc is a growing brand in the foodservice and restaurant industry in the United States. It has two operating segments. The company-operated shops segment, which is the key revenue driver, represents coffee shop sales to customers. The Franchising and other segment represents bean and product sales to franchisees and includes the initial franchise fees, royalties, marketing fees, and lease income.

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