BellRing Brands (NYSE:BRBR) Sets New 1-Year High at $20.90

Shares of BellRing Brands (NYSE:BRBR) reached a new 52-week high on Wednesday . The company traded as high as $20.90 and last traded at $20.80, with a volume of 744796 shares. The stock had previously closed at $20.25.

A number of research firms recently weighed in on BRBR. Wells Fargo & Co began coverage on shares of BellRing Brands in a report on Monday, November 11th. They issued an “outperform” rating and a $23.00 price objective on the stock. Credit Suisse Group began coverage on shares of BellRing Brands in a report on Monday, November 11th. They issued an “outperform” rating and a $21.00 price objective on the stock. BMO Capital Markets began coverage on shares of BellRing Brands in a report on Monday, November 11th. They issued an “outperform” rating and a $22.00 price objective on the stock. JPMorgan Chase & Co. began coverage on shares of BellRing Brands in a report on Monday, November 11th. They issued an “overweight” rating and a $21.00 price objective on the stock. Finally, Barclays began coverage on shares of BellRing Brands in a report on Monday, November 11th. They issued an “overweight” rating and a $22.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $21.36.

The stock’s 50 day moving average price is $18.51.

About BellRing Brands (NYSE:BRBR)

BellRing Brands, Inc manufactures and sells nutrition products in the United States and internationally. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, and nutrition bars and supplements. It offers its products primarily under the Premier Protein, Dymatize, and PowerBar, as well as Joint Juice and Supreme Protein brands.

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