Stifel Nicolaus Keeps Their Hold Rating on Dutch Bros Inc (BROS)

In a report released today, Chris O`Cull from Stifel Nicolaus maintained a Hold rating on Dutch Bros Inc (BROSResearch Report), with a price target of $37.00. The company’s shares closed today at $35.62.

According to TipRanks, O`Cull is a 5-star analyst with an average return of 12.5% and a 62.68% success rate. O`Cull covers the Services sector, focusing on stocks such as Planet Fitness, Portillo’s, and Jack In The Box.

Currently, the analyst consensus on Dutch Bros Inc is a Moderate Buy with an average price target of $37.86, which is a 6.29% upside from current levels. In a report released on January 9, Robert W. Baird also assigned a Hold rating to the stock with a $36.00 price target.

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Based on Dutch Bros Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $198.65 million and a net profit of $1.76 million. In comparison, last year the company earned a revenue of $129.8 million and had a GAAP net loss of $85.52 million

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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