In a report released yesterday, Steven Shemesh from RBC Capital maintained a Buy rating on Driven Brands Holdings (DRVN – Research Report), with a price target of $17.00. The company’s shares closed yesterday at $14.40.
Shemesh covers the Consumer Cyclical sector, focusing on stocks such as Advance Auto Parts, O’Reilly Auto, and CarParts.com Inc. According to TipRanks, Shemesh has an average return of -6.4% and a 45.96% success rate on recommended stocks.
Currently, the analyst consensus on Driven Brands Holdings is a Strong Buy with an average price target of $18.73.
The company has a one-year high of $31.47 and a one-year low of $10.61. Currently, Driven Brands Holdings has an average volume of 1.06M.
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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 raised to $21 from $20 at Canaccord
- Driven Brands price target lowered to $17 from $20 at RBC Capital
- Driven Brands price target lowered to $20 from $25 at Benchmark
- Driven Brands price target lowered to $18 from $22 at Piper Sandler
- Driven Brands price target lowered to $20 from $22 at Canaccord
