UBS Group Issues Positive Forecast for Dutch Bros (NYSE:BROS) Stock Price

Dutch Bros (NYSE:BROS - Get Free Report) had its price target increased by equities researchers at UBS Group from $67.00 to $90.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. UBS Group's target price suggests a potential upside of 9.95% from the company's current price.

Other analysts have also issued research reports about the stock. Stifel Nicolaus lifted their target price on shares of Dutch Bros from $53.00 to $62.00 and gave the stock a "buy" rating in a report on Friday, January 10th. Piper Sandler lifted their price objective on Dutch Bros from $36.00 to $51.00 and gave the stock a "neutral" rating in a research note on Monday, November 11th. Barclays raised Dutch Bros from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $38.00 to $70.00 in a research note on Tuesday, January 7th. Bank of America boosted their target price on Dutch Bros from $61.00 to $72.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. Finally, TD Securities lifted their price objective on shares of Dutch Bros from $65.00 to $89.00 and gave the stock a "buy" rating in a research note on Thursday. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $74.83.

Dutch Bros Trading Down 2.0 %

Shares of NYSE BROS traded down $1.69 during mid-day trading on Thursday, hitting $81.85. The company's stock had a trading volume of 4,065,171 shares, compared to its average volume of 2,051,615. Dutch Bros has a one year low of $26.38 and a one year high of $86.42. The company's fifty day simple moving average is $58.89 and its 200-day simple moving average is $44.92. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.90 and a quick ratio of 1.68. The stock has a market cap of $12.62 billion, a price-to-earnings ratio of 282.26, a price-to-earnings-growth ratio of 3.88 and a beta of 2.73.

Hedge Funds Weigh In On Dutch Bros

A number of large investors have recently modified their holdings of the business. Amalgamated Bank boosted its position in Dutch Bros by 3.6% during the fourth quarter. Amalgamated Bank now owns 6,268 shares of the company's stock valued at $328,000 after purchasing an additional 220 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Dutch Bros by 0.8% during the 4th quarter. Arizona State Retirement System now owns 33,033 shares of the company's stock worth $1,730,000 after purchasing an additional 260 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in shares of Dutch Bros by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 48,050 shares of the company's stock valued at $2,517,000 after buying an additional 310 shares during the last quarter. Hollencrest Capital Management grew its stake in shares of Dutch Bros by 52.3% in the third quarter. Hollencrest Capital Management now owns 914 shares of the company's stock valued at $29,000 after buying an additional 314 shares in the last quarter. Finally, Level Four Advisory Services LLC grew its stake in shares of Dutch Bros by 6.1% in the fourth quarter. Level Four Advisory Services LLC now owns 6,793 shares of the company's stock valued at $356,000 after buying an additional 392 shares in the last quarter. 85.54% of the stock is currently owned by institutional investors and hedge funds.

Dutch Bros Company Profile

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.