<div id="readability-page-1"><p>Stock analysts at Morgan Stanley initiated coverage on shares of <span>BellRing Brands (NYSE:BRBR - Get Free Report)</span> in a research note issued on Monday,Benzinga reports. The brokerage set an &#34;overweight&#34; rating and a $84.00 price target on the stock. Morgan Stanley's price objective would suggest a potential upside of 18.88% from the stock's previous close.</p><div><p><span></span><span>Get <strong>BellRing Brands</strong> alerts:</span></p></div><ul><li>Trump Tax Reforms: 7 Stocks That Could Benefit in 2025  </li></ul><p>Other equities analysts have also recently issued reports about the stock. Mizuho boosted their price objective on shares of BellRing Brands from $80.00 to $85.00 and gave the company an &#34;outperform&#34; rating in a research note on Thursday, February 6th. Citigroup boosted their price objective on shares of BellRing Brands from $83.00 to $90.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, January 29th. TD Cowen boosted their price objective on shares of BellRing Brands from $83.00 to $86.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, January 8th. Barclays boosted their price objective on shares of BellRing Brands from $79.00 to $85.00 and gave the company an &#34;overweight&#34; rating in a research note on Tuesday, February 4th. Finally, Stephens  reaffirmed an &#34;equal weight&#34; rating and set a $75.00 price target on shares of BellRing Brands in a research note on Tuesday, February 4th. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, the company  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $79.13.</p><p><b>View Our Latest Report on BRBR</b></p><h2>BellRing Brands Price Performance</h2><ul><li>Can Simply Good Foods ride the GLP-1 weight loss trend in 2024?</li></ul><p>Shares of BellRing Brands stock opened at $70.66 on Monday. The firm's fifty day simple moving average is $73.45 and its 200-day simple moving average is $70.61. The stock has a market capitalization of $9.06 billion, a price-to-earnings ratio of 33.17, a PEG ratio of 2.24 and a beta of 0.85. BellRing Brands has a 12 month low of $48.06 and a 12 month high of $80.67. </p><p>BellRing Brands (NYSE:BRBR - Get Free Report) last announced its earnings results on Monday, February 3rd. The company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.11. BellRing Brands had a net margin of 13.32% and a negative return on equity of 130.14%.  Analysts anticipate that  BellRing Brands will post 2.23 earnings per share for the current year. </p><ul><li>Simply Good Foods: Winner in the Ozempic Weight-Loss Trend</li></ul><p>BellRing Brands announced that its board has approved a stock repurchase program on Thursday, March 6th that allows the company to repurchase $300.00 million in  outstanding  shares. This repurchase authorization allows the company to repurchase up to 3.4% of its stock  through open market purchases. Stock  repurchase programs are generally a sign that the company's leadership believes its shares are undervalued. </p><h2>Insider Buying and Selling</h2><p>In related news, Director Robert V. Vitale sold 79,068 shares of the business's stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $77.04, for a total value of $6,091,398.72. Following the sale, the director now directly owns 982,706 shares in the company, valued at $75,707,670.24. The trade was a 7.45 % decrease in their position. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Insiders have sold 218,636 shares of company stock worth $16,677,550 in the last three months. Corporate insiders own  1.07% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>Institutional investors and hedge funds have recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its holdings in  BellRing Brands by 69.4% in the 4th quarter. UMB Bank n.a. now owns 571 shares of the company's stock valued at $43,000 after purchasing an additional 234 shares in the last quarter.  Colonial Trust Co SC purchased a new position in  BellRing Brands in the 4th quarter valued at about $44,000.  E Fund Management Hong Kong Co. Ltd. purchased a new position in  BellRing Brands in the 4th quarter valued at about $52,000.  Truvestments Capital LLC purchased a new position in  BellRing Brands in the 3rd quarter valued at about $44,000.  Finally, Aster Capital Management DIFC Ltd lifted its holdings in  BellRing Brands by 747.7% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 729 shares of the company's stock valued at $55,000 after purchasing an additional 643 shares in the last quarter. 94.97% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>About BellRing Brands</h2> (Get Free Report)<p>BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.</p><h2>Read More</h2><ul><li>Five stocks we like better than BellRing Brands</li><li>Stock Dividend Cuts Happen Are You Ready?</li><li>After Massive Post Earnings Fall, Does Hope Remain for MongoDB?</li><li>What is Put Option Volume?</li><li>Powell Warns of More Inflation—Here’s Where Smart Money Is Moving</li><li>What is a buyback in stocks? A comprehensive guide for investors</li><li>Is SoFi Stock Buyable at These Levels? </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJSQlI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJSQlI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in BellRing Brands Right Now?</h2><p>Before you consider BellRing Brands, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BellRing Brands wasn't on the list.</p><p>While BellRing Brands currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BRBR

<p>Morgan Stanley has initiated coverage on BellRing Brands (NYSE:BRBR) with an "overweight" rating and a target price of $84.00, indicating a potential upside of 18.88%. Other analysts have also raised their price targets, with Mizuho at $85.00, Citigroup at $90.00, and TD Cowen at $86.00. The stock has an average rating of "Moderate Buy" and a consensus price target of $79.13. BellRing Brands recently announced a $300 million stock repurchase program, reflecting confidence in its valuation.</p>

BellRing Brands (NYSE:BRBR) Coverage Initiated by Analysts at Morgan Stanley