RedHotStocks

Dunkin Brands looks a buy on breakout.

Long
NASDAQ:DNKN   None
NASDAQ:DNKN is in the process of completing a strong breakout, technically the chart looks a buy, and fib supports and extensions have been respected. High volume in the previous 2 sessions helps confirm our long side bias.
AVERAGE ANALYSTS PRICE TARGET $78
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 30
SHORT INTEREST 4%
COMPANY PROFILE
Dunkin' Brands Group, Inc. operates as a franchisor of quick service restaurants, which engages in the service of hot and cold coffee, baked goods, and ice cream. It operates through the following segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds. The company was founded on November 22, 2005 and is headquartered in Canton, MA.

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