Dutch Bros Inc. (NYSE:BROS) Receives Average Recommendation of “Buy” from Analysts

Dutch Bros Inc. (NYSE:BROS) has received a consensus recommendation of “Buy” from the fourteen analysts that are covering the company, Marketbeat Ratings reports. One investment 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 price objective among analysts that have covered the stock in the last year is $74.83.

A number of research firms recently weighed in on BROS. TD Securities lifted their target price on shares of Dutch Bros from $65.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday. Piper Sandler boosted their price objective on Dutch Bros from $51.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday. TD Cowen upped their price objective on Dutch Bros from $47.00 to $53.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Robert W. Baird lifted their target price on Dutch Bros from $70.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Jefferies Financial Group upped their price target on Dutch Bros from $60.00 to $69.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BROS. R Squared Ltd bought a new position in Dutch Bros during the 4th quarter valued at about $25,000. Coppell Advisory Solutions LLC lifted its stake in shares of Dutch Bros by 638.6% during the 4th quarter. Coppell Advisory Solutions LLC now owns 517 shares of the company’s stock worth $27,000 after acquiring an additional 447 shares during the last quarter. Hollencrest Capital Management boosted its holdings in Dutch Bros by 52.3% during the 3rd quarter. Hollencrest Capital Management now owns 914 shares of the company’s stock valued at $29,000 after acquiring an additional 314 shares during the period. Point72 Hong Kong Ltd bought a new position in Dutch Bros in the 3rd quarter valued at $36,000. Finally, nVerses Capital LLC purchased a new stake in Dutch Bros in the third quarter worth $38,000. 85.54% of the stock is owned by hedge funds and other institutional investors.

Dutch Bros Price Performance

NYSE BROS opened at $81.85 on Monday. The company has a current ratio of 1.90, a quick ratio of 1.68 and a debt-to-equity ratio of 0.79. Dutch Bros has a 12 month low of $26.38 and a 12 month high of $86.42. The stock has a market cap of $12.62 billion, a price-to-earnings ratio of 282.26, a PEG ratio of 3.88 and a beta of 2.73. The company’s 50 day moving average is $58.89 and its two-hundred day moving average is $44.92.

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.