Dutch Bros Inc. (NYSE:BROS) Given Consensus Rating of “Buy” by Analysts

Dutch Bros Inc. (NYSE:BROS) has received a consensus recommendation of “Buy” from the fourteen ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $74.83.

BROS has been the subject of a number of analyst reports. Barclays upgraded Dutch Bros from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $38.00 to $70.00 in a research report on Tuesday, January 7th. JPMorgan Chase & Co. raised their target price on shares of Dutch Bros from $58.00 to $80.00 and gave the stock an “overweight” rating in a report on Thursday, February 13th. William Blair reiterated an “outperform” rating on shares of Dutch Bros in a report on Tuesday, December 17th. TD Cowen raised their price objective on shares of Dutch Bros from $47.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, TD Securities upped their target price on Dutch Bros from $65.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, February 13th.

Dutch Bros Trading Down 7.2 %

Shares of BROS stock opened at $76.09 on Monday. The company has a market cap of $11.73 billion, a PE ratio of 223.79, a price-to-earnings-growth ratio of 4.23 and a beta of 2.73. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.76 and a quick ratio of 1.58. The stock’s 50 day simple moving average is $61.83 and its two-hundred day simple moving average is $46.49. Dutch Bros has a 1 year low of $26.38 and a 1 year high of $86.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. R Squared Ltd purchased a new stake in shares of Dutch Bros in the 4th quarter worth $25,000. Coppell Advisory Solutions LLC raised its holdings in shares of Dutch Bros by 638.6% in the fourth quarter. Coppell Advisory Solutions LLC now owns 517 shares of the company’s stock valued at $27,000 after acquiring an additional 447 shares in the last quarter. Fortitude Family Office LLC bought a new stake in shares of Dutch Bros in the fourth quarter valued at about $41,000. Bernard Wealth Management Corp. purchased a new stake in Dutch Bros in the fourth quarter worth about $43,000. Finally, Gould Capital LLC grew its holdings in Dutch Bros by 20.4% during the 4th quarter. Gould Capital LLC now owns 826 shares of the company’s stock worth $43,000 after acquiring an additional 140 shares in the last quarter. Institutional investors own 85.54% of the company’s stock.

About Dutch Bros

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.