1 week Ago By ABMN Staff
DA Davidson reissued their buy rating on shares of BRC ( NYSE:BRCC – Free Report ) in a report published on Friday morning, Benzinga reports. They currently have a $5.50 price objective on the stock.
Several other analysts also recently weighed in on BRCC. Roth Capital downgraded shares of BRC from a strong-buy rating to a hold rating in a research report on Friday, August 9th. Telsey Advisory Group cut their price objective on shares of BRC from $8.
00 to $6.00 and set an outperform rating on the stock in a research report on Friday, August 9th. Roth Mkm downgraded shares of BRC from a buy rating to a neutral rating and cut their price objective for the company from $8.
00 to $4.00 in a research report on Friday, August 9th. Needham & Company LLC restated a hold rating on shares of BRC in a research report on Thursday, May 16th.
Finally, Tigress Financial restated a buy rating and set a $11.00 price target on shares of BRC in a research report on Wednesday, May 22nd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.
According to data from MarketBeat, the stock currently has a consensus rating of Moderate Buy and an average target price of $6.63. Read Our Latest Research Report on BRCC BRC Trading Down 3.
9 % BRC ( NYSE:BRCC – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.
01). The business had revenue of $89.02 million during the quarter, compared to analyst estimates of $101.
54 million. BRC had a negative net margin of 1.88% and a positive return on equity of 17.
53%. During the same period in the previous year, the business posted ($0.03) EPS.
On average, equities analysts forecast that BRC will post -0.02 earnings per share for the current year. Institutional Trading of BRC A number of hedge funds and other institutional investors have recently made changes to their positions in BRCC.
Blair William & Co. IL bought a new stake in shares of BRC in the 1st quarter worth approximately $731,000. Wasatch Advisors LP bought a new stake in shares of BRC in the 4th quarter worth approximately $1,221,000.
Comerica Bank raised its holdings in shares of BRC by 316.4% in the 1st quarter. Comerica Bank now owns 6,054 shares of the company’s stock worth $26,000 after purchasing an additional 4,600 shares in the last quarter.
Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of BRC in the 1st quarter worth approximately $45,000.
Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of BRC in the 4th quarter worth approximately $72,000. 16.29% of the stock is currently owned by institutional investors.
BRC Company Profile ( Get Free Report ) BRC Inc, through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel in the United States. The company also produces media content, as well as sells coffee brewing equipment, and outdoor and lifestyle gear. It supports active military, veterans, and first responders.
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