D.A. Davidson analyst Brian Holland maintained a Hold rating on BellRing Brands (BRBR – Research Report) today and set a price target of $62.00. The company’s shares closed yesterday at $57.18.
Holland covers the Consumer Defensive sector, focusing on stocks such as Campbell Soup, Simply Good Foods, and Freshpet. According to TipRanks, Holland has an average return of 4.6% and a 52.44% success rate on recommended stocks.
In addition to D.A. Davidson, BellRing Brands also received a Hold from Truist Financial’s Bill Chappell in a report issued today. However, on the same day, Stifel Nicolaus maintained a Buy rating on BellRing Brands (NYSE: BRBR).
The company has a one-year high of $62.76 and a one-year low of $34.58. Currently, BellRing Brands has an average volume of 1.17M.
Based on the recent corporate insider activity of 23 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 BRBR 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.
BellRing Brands (BRBR) Company Description:
Bellring Brands, Inc. operates as nutrition business. Its products include protein shakes, powders and nutrition bars. The company was founded on March 20, 2019 and is headquartered in Brentwood, MO.
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- BellRing Brands initiated with a Buy at TD Cowen
- BellRing Brands Schedules Second Quarter Fiscal Year 2024 Conference Call
- BellRing Brands price target raised to $65 from $61 at Morgan Stanley
