RBC Capital analyst Steven Shemesh maintained a Buy rating on Driven Brands Holdings (DRVN – Research Report) on February 23 and set a price target of $17.00. The company’s shares closed last Friday at $13.46.
Shemesh covers the Consumer Cyclical sector, focusing on stocks such as Home Depot, O’Reilly Auto, and Wayfair. According to TipRanks, Shemesh has an average return of -6.0% and a 48.99% success rate on recommended stocks.
In addition to RBC Capital, Driven Brands Holdings also received a Buy from Benchmark Co.’s John Lawrence in a report issued today. However, on February 23, Morgan Stanley maintained a Hold rating on Driven Brands Holdings (NASDAQ: DRVN).
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DRVN market cap is currently $2.21B and has a P/E ratio of -2.99.
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Driven Brands Holdings (DRVN) Company Description:
Driven Brands Holdings Inc is an automotive services company. The company provides an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.
Read More on DRVN:
- Driven Brands price target lowered to $20 from $22 at Canaccord
- Driven Brands price target lowered to $16 from $18 at Goldman Sachs
- Driven Brands sees FY24 adjusted EPS 88c-$1.00, consensus $1.12
- Driven Brands Holdings Inc. Reports Fourth Quarter and Fiscal Year 2023 Results
- Driven Brands reports Q4 adjusted EPS 19c, consensus 19c
