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

BRC (NYSE:BRCCGet Rating) had its price target hoisted by DA Davidson from $19.00 to $24.00 in a report issued on Wednesday, The Fly reports.

Other analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft initiated coverage on BRC in a report on Thursday, March 31st. They set a hold rating and a $19.00 price objective on the stock. Telsey Advisory Group upped their price objective on BRC from $13.00 to $19.00 and gave the stock an outperform rating in a report on Monday, March 14th. William Blair initiated coverage on BRC in a report on Monday, March 7th. They set an outperform rating on the stock. Raymond James cut BRC from an outperform rating to a market perform rating in a report on Tuesday, April 5th. Finally, Zacks Investment Research raised BRC from a sell rating to a hold rating in a report on Monday, April 18th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of Hold and an average target price of $20.50.

NYSE BRCC opened at $18.13 on Wednesday. The business has a 50 day simple moving average of $19.56. BRC has a 12 month low of $13.55 and a 12 month high of $34.00.

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.

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