UBS analyst Peter Grom has commenced coverage of BellRing Brands (BRBR, Financial) with a Neutral rating and has set a price target of $81. This target suggests a potential upside of 8% from the current stock price.
The analyst highlights that BellRing Brands is well-positioned for robust double-digit organic sales growth. This optimism is fueled by sustained momentum in its category, continual product innovation, and advantages from increased production capacity. However, Grom notes that these positive aspects are already widely recognized and accounted for in existing market expectations.
Despite the potential for growth, UBS assesses that the risk and reward profile for BellRing Brands remains balanced at this time.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for BellRing Brands Inc (BRBR, Financial) is $86.00 with a high estimate of $94.00 and a low estimate of $75.00. The average target implies an upside of 14.13% from the current price of $75.35. More detailed estimate data can be found on the BellRing Brands Inc (BRBR) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, BellRing Brands Inc's (BRBR, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for BellRing Brands Inc (BRBR, Financial) in one year is $64.44, suggesting a downside of 14.48% from the current price of $75.35. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the BellRing Brands Inc (BRBR) Summary page.
