Dutch Bros Inc. (NYSE:BROS) Receives $74.83 Consensus PT from Analysts

Dutch Bros Inc. (NYSE:BROS) has been assigned an average rating of “Buy” from the fourteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, twelve have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $74.83.

Several research firms have recently commented on BROS. Robert W. Baird increased their price objective on shares of Dutch Bros from $70.00 to $95.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Stifel Nicolaus increased their price target on shares of Dutch Bros from $62.00 to $74.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. UBS Group boosted their price objective on shares of Dutch Bros from $67.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. TD Securities upped their price objective on Dutch Bros from $65.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Finally, Bank of America boosted their price target on Dutch Bros from $61.00 to $72.00 and gave the company a “buy” rating in a report on Monday, January 27th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BROS. Virtu Financial LLC bought a new stake in shares of Dutch Bros during the third quarter valued at approximately $573,000. Baillie Gifford & Co. bought a new stake in Dutch Bros in the 3rd quarter valued at $224,461,000. Charles Schwab Investment Management Inc. lifted its stake in Dutch Bros by 35.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 687,527 shares of the company’s stock worth $22,021,000 after purchasing an additional 181,636 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Dutch Bros by 38.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 212,834 shares of the company’s stock valued at $6,817,000 after purchasing an additional 58,623 shares during the last quarter. Finally, Clear Creek Financial Management LLC purchased a new position in shares of Dutch Bros during the fourth quarter valued at about $288,000. 85.54% of the stock is owned by hedge funds and other institutional investors.

Dutch Bros Stock Down 7.2 %

Dutch Bros stock opened at $76.09 on Monday. Dutch Bros has a one year low of $26.38 and a one year high of $86.88. The stock has a fifty day moving average of $61.83 and a 200 day moving average of $46.49. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.58 and a current ratio of 1.76. The stock 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.

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.