BellRing Brands (NYSE:BRBR) Now Covered by Analysts at Goldman Sachs Group
Goldman Sachs Group assumed coverage on shares of BellRing Brands (NYSE:BRBR) in a research note issued to investors on Monday morning, Briefing.com Automated Import reports. The firm issued a buy rating and a $24.00 price target on the stock.
Several other analysts have also recently commented on BRBR. Morgan Stanley initiated coverage on BellRing Brands in a report on Monday. They set an overweight rating and a $21.00 target price on the stock. Barclays initiated coverage on BellRing Brands in a report on Monday. They issued an overweight rating and a $22.00 price target on the stock. Finally, DA Davidson initiated coverage on BellRing Brands in a report on Monday, October 14th. They issued a buy rating on the stock. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. BellRing Brands currently has an average rating of Buy and a consensus target price of $21.36.
Shares of BRBR stock traded up $0.04 during trading hours on Monday, hitting $19.26. 314,200 shares of the company’s stock were exchanged, compared to its average volume of 827,655. BellRing Brands has a 52 week low of $15.15 and a 52 week high of $19.75.
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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