Dutch Bros Inc. Class A Looks to Continue to Trade Above its Annual-High Share Price Today

October 19, 2021 11:26:14

Dutch Bros Inc. Class A (NYSE:BROS) traded at a new 52-week high today of $63.25. This new high was reached on approximately average trading volume as 2.4 million shares traded hands, while the average 30-day volume is approximately 3.3 million shares.

Dutch Bros Inc. Class A (NYSE:BROS) is currently priced 33.8% above its average consensus analyst price target of $41.72.

In the past 52 weeks, shares of Dutch Bros Inc. Class A have traded between a low of $32.42 and a high of $63.25 and is now at $63.07, which is 95% above that low price.

Dutch Bros Inc is a growing brand in the foodservice and restaurant industry in the United States. It has two operating segments. The company-operated shops segment, which is the key revenue driver, represents coffee shop sales to customers. The Franchising and other segment represents bean and product sales to franchisees and includes the initial franchise fees, royalties, marketing fees, and lease income.

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