BellRing Brands (NYSE:BRBR) Receives $21.36 Average Target Price from Analysts

Shares of BellRing Brands (NYSE:BRBR) have been given an average rating of “Buy” by the twelve ratings firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $21.36.

A number of research firms recently issued reports on BRBR. DA Davidson began coverage on shares of BellRing Brands in a research report on Monday, October 14th. They set a “buy” rating for the company. Bank of America started coverage on shares of BellRing Brands in a research report on Monday. They issued a “neutral” rating and a $19.00 price target for the company. Evercore ISI started coverage on shares of BellRing Brands in a research report on Monday. They issued an “outperform” rating and a $21.00 price target for the company. Barclays started coverage on shares of BellRing Brands in a research report on Monday. They issued an “overweight” rating and a $22.00 price target for the company. Finally, Goldman Sachs Group started coverage on shares of BellRing Brands in a research report on Monday. They issued a “buy” rating and a $24.00 price target for the company.

BRBR stock traded up $0.04 during trading on Monday, reaching $19.26. 314,200 shares of the company were exchanged, compared to its average volume of 827,655. BellRing Brands has a twelve month low of $15.15 and a twelve month high of $19.75.

BellRing Brands Company Profile

BellRing Brands, Inc manufactures and sells nutrition products in the United States and internationally. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, and nutrition bars and supplements. It offers its products primarily under the Premier Protein, Dymatize, and PowerBar, as well as Joint Juice and Supreme Protein brands.

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Analyst Recommendations for BellRing Brands (NYSE:BRBR)

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