In a report released today, Sara Senatore from Bank of America Securities maintained a Buy rating on Krispy Kreme (DNUT – Research Report). The company’s shares opened today at $13.59.
According to TipRanks, Senatore is a 4-star analyst with an average return of 9.7% and a 53.85% success rate. Senatore covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, Darden Restaurants, and McDonald’s.
Currently, the analyst consensus on Krispy Kreme is a Moderate Buy with an average price target of $16.33.
The company has a one-year high of $17.84 and a one-year low of $11.49. Currently, Krispy Kreme has an average volume of 2.78M.
Based on the recent corporate insider activity of 52 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 DNUT 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.
Krispy Kreme (DNUT) Company Description:
Krispy Kreme Inc is a sweet treat brand. It is an omnichannel business operating through a network of doughnut shops, partnerships with leading retailers, and a growing e-Commerce and delivery business. It earns maximum revenues from the company shops, branded sweet treat line, and DFD; followed by mix and equipment revenue from franchisees; and franchise royalties, and others.
Read More on DNUT:
- Solar Eclipse: Stocks Are Expecting a Celestial Boost
- Krispy Kreme price target raised to $19 from $16 at BofA
- Unusually active option classes on open April 5th
- Krispy Kreme upgraded, Altice USA downgraded: Wall Street’s top analyst calls
- Krispy Kreme upgraded to Overweight from Neutral at Piper Sandler
