BRC (NYSE:BRCC) Price Target Raised to $24.00 at DA Davidson

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

Several other equities research analysts also recently commented on BRCC. Truist Financial initiated coverage on shares of BRC in a research note on Monday, March 7th. They issued a “hold” rating and a $20.00 target price for the company. Deutsche Bank Aktiengesellschaft started coverage on shares of BRC in a research note on Thursday, March 31st. They set a “hold” rating and a $19.00 target price for the company. Zacks Investment Research raised shares of BRC from a “sell” rating to a “hold” rating in a research report on Monday. Raymond James lowered shares of BRC from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 5th. Finally, William Blair started coverage on shares of BRC in a report on Monday, March 7th. They issued an “outperform” rating on the stock. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $20.50.

Shares of BRCC stock traded up $0.12 during trading hours on Wednesday, reaching $17.80. 84,011 shares of the company were exchanged, compared to its 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 business has a fifty day moving average price of $20.28.

About BRC (Get Rating)

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

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