RBC Capital Reiterates Rating on Driven Brands Holdings Inc. $DRVN
Key Points
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RBC Capital reiterated its rating on Driven Brands Holdings Inc. ($DRVN) to a "buy" rating in a recent research note and set a price target of $17, a 27.25% upside from the current price.
Driven Brands Holdings Inc. Stock Up 7.1%
Shares of Driven Brands Holdings Inc. ($DRVN) traded around $13.36 on Saturday, up 7.1% for the day.
Driven Brands Holdings Inc. Earnings
Analysts Set New Price Targets
About Driven Brands Holdings Inc.
Driven Brands Holdings Inc., together with its subsidiaries, provides automotive services to retail and commercial customers in the United States and Canada. The company operates through Take 5, Franchise Brands, and Auto Glass Now segments. It offers various services, such as paint, collision, glass, repair, and oil change; maintenance services including differential fluid exchanges, coolant services and air and cabin filters; and auto glass and windshield replacement, repair, and calibration services. The company also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets. In addition, it provides training services to repair and maintenance, and paint and collision shops. It sells its products and services under the ABRA, CARSTAR, MAACO, Meineke Car Care Centers, PH Vitres D'Auto, Take 5 Oil Change, Auto Glass Now, Fix Auto, and 1-800-Radiator & A/C, Uniban, and Automotive Training Institute brand names. The company was founded in 1972 and is headquartered in Charlotte, North Carolina.
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