Market Overview

UPDATE: Wedbush Securities Initiates Dunkin' Brands Group at Neutral on Valuation

Share:
Related DNKN
Dunkin's CEO Says It's Difficult For McDonald's To Do All-Day Breakfast
Stocks Hitting 52-Week Highs
Dunkin' Brands: Not As Cheap As It Used To Be, Still A Great Investment Opportunity (Seeking Alpha)

Wedbush Securities initiated coverage on Dunkin' Brands Group (NASDAQ: DNKN) with a Neutral rating and a $31 price target.

Wedbush Securities noted, "We believe Dunkin's current valuation properly reflects its large domestic and international growth opportunities, as well as the advantages of its franchised model. We also see some risk from muted near-term SSS growth. … With brand awareness established by national advertising and successful grocery distribution ahead of unit growth, we expect newly implemented flat national supply chain pricing to drive improved West and Emerging market ROIs and acceleration in U.S. unit development."

Dunkin' Brands Group closed at $31.54 on Monday.

Latest Ratings for DNKN

DateFirmActionFromTo
May 2015CitigroupMaintainsBuy
Apr 2015JefferiesMaintainsHold
Apr 2015Guggenheim SecuritiesInitiates Coverage onBuy

View More Analyst Ratings for DNKN
View the Latest Analyst Ratings

Posted-In: Wedbush SecuritiesAnalyst Color Initiation Pre-Market Outlook Analyst Ratings

 

Related Articles (DNKN)

Around the Web, We're Loving...

Get Benzinga's Newsletters