Analyst Expectations for BellRing Brands's Future
Portfolio Pulse from Benzinga Insights
BellRing Brands (NYSE:BRBR) has received 5 analyst ratings in the last quarter, with an average price target of $48.8, representing an upside from the current price of $45.88. The average price target has increased by 10.91% from the previous target of $44.00. The ratings include 2 bullish, 2 somewhat bullish, and 1 indifferent, with no bearish or somewhat bearish ratings. Analysts derive their ratings from various sources including company calls, financial statements, and insider information.
November 21, 2023 | 1:00 pm
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POSITIVE IMPACT
BellRing Brands has a positive outlook from analysts with an average price target of $48.8, suggesting a potential upside from the current price of $45.88.
The positive analyst ratings and the increased price target suggest that there is a strong belief in the potential growth of BellRing Brands. The lack of bearish sentiment indicates a consensus of confidence in the company's prospects, which could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100