MCD - Dunkin' Brands Group Still Has Room To Grow
Thesis Summary
Dunkin' Brands Group Inc. (DNKN) operates franchises worldwide under the Dunkin' Brand. Since going public in 2011, the stock has produced good returns for customers both in the form of dividends and capital appreciation. However, many investors have now pointed out that the company seems overvalued.
Our analysis, based on recent performance, valuation metrics, and growth catalysts lead us to believe the stock still has room to grow in 2020, and we have set a target price of $90.
Company Overview
Dunkin' together with its subsidiaries develops, franchises, and licenses quick-service