BRC (NYSE:BRCC) Price target raised to $24.00 at DA Davidson


BRC (NYSE: BRCCGet a rating) saw its target price raised by analysts at DA Davidson from $19.00 to $24.00 in a note issued to investors on Wednesday, Fly reports. DA Davidson’s price target suggests a potential upside of 34.83% from the company’s previous close.

Several other equity research analysts have also recently commented on BRCC. Truist Financial launched a hedge on BRC shares in a Monday, March 7 research note. They issued a “holding” rating and a target price of $20.00 for the company. Deutsche Bank Aktiengesellschaft began covering BRC shares in a research note on Thursday, March 31. They set a “holding” rating and a target price of $19.00 for the company. Zacks Investment Research upgraded BRC shares from a “sell” to a “hold” rating in a research report released on Monday. Raymond James downgraded BRC shares from an “outperforming” rating to a “market performing” rating in a Tuesday, April 5 research report. Finally, William Blair began covering BRC shares in a Monday, March 7 report. They issued an “outperformance” rating on the stock. Six equity research analysts gave the stock a hold rating and two gave the stock a buy rating. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $20.50.

Shares of DCBC action traded at $0.12 during Wednesday trading hours, hitting $17.80. 84,011 shares of the company were traded, against an average volume of 2,432,429. BRC has a fifty-two week low of $13.55 and a fifty-two week high of $34.00. The company has a fifty-day moving average price of $20.28.

About the BRC (Get a rating)

BRC Inc, through its subsidiaries, buys, roasts and sells branded coffee, coffee accessories and apparel. The company also produces multimedia content; podcasts; and digital and print journals, as well as coffee-making gear and outdoor and lifestyle gear. It supports active military, veterans, and first responders.

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