Investment analysts at Tigress Financial began coverage on shares of BRC (NYSE:BRCC – Get Rating) in a research note issued on Thursday, Briefing.com reports. The brokerage set a “buy” rating and a $17.00 price target on the stock. Tigress Financial’s target price would suggest a potential upside of 83.78% from the stock’s previous close.
BRCC has been the subject of a number of other reports. Telsey Advisory Group increased their price objective on BRC from $13.00 to $19.00 and gave the stock an “outperform” rating in a research report on Monday, March 14th. Guggenheim assumed coverage on BRC in a research report on Monday, March 28th. They set a “neutral” rating for the company. Raymond James cut BRC from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 5th. Truist Financial decreased their price objective on BRC from $20.00 to $15.00 in a research report on Friday, May 13th. Finally, Zacks Investment Research raised BRC from a “sell” rating to a “hold” rating in a research note on Monday, May 9th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, BRC presently has a consensus rating of “Hold” and a consensus price target of $18.57.
BRC stock traded up $0.24 during mid-day trading on Thursday, reaching $9.25. 31,704 shares of the company were exchanged, compared to its average volume of 1,911,349. BRC has a twelve month low of $8.45 and a twelve month high of $34.00. The stock has a 50-day moving average price of $17.45.
BRC Company Profile (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.
- Get a free copy of the StockNews.com research report on BRC (BRCC)
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