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FOOD SERVICES | Staff Reporter, UK

Dunkin Brands is one of the "strongest" acquisition targets: analyst

Dunkin' Brands holds the title as 2018's unofficial first subject of a go-private rumor.

According to Benzinga, Germany's JAB Holding, a private investment firm that has been active in buying American coffee companies and restaurants, is looking to continue the trend in 2018. JAB's partner and chairman Bart Becth told a German newspaper it is looking to raise money from investors to fund further acquisitions. Although Dunkin Brands wasn't mentioned in the report, Wall Street speculates that the company is a potential acquisition target.

Maxim Group's Stephen Anderson maintains a Buy rating on Dunkin Brands with a price target boosted from $64 to $71.

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