Starbucks Corporation (SBUX) Shares are Up 4.28%

Starbucks Corporation (SBUX) has been under a strong bear grip, hence the stock is down -1.1% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.97% in the past 1 week. The stock has risen by 4.28% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.31% in the past 4 weeks.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.31% and the fifty day Moving Average is 1.83%. Starbucks Corporation is up 4.24% in the last three month period. Year-to-Date the stock performance stands at -3.58%.

Starbucks Corporation (SBUX) has been rated by 16 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $72 and the lowest price target forecast is $58. The average forecast of all the analysts is $66.44 and the expected standard deviation is $3.79.


Starbucks Corporation (NASDAQ:SBUX): The stock was completely flat for the day, closing at $57.29 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $57.48, the stock touched an intraday high of $57.83 and a low of $57.00. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $57.29. The total trading volume on Friday was 6,940,511.

Starbucks Corporation is the roaster, marketer and retailer of specialty coffee. The Company purchases and roasts coffees that it sells, along with coffee, tea and other beverages, and a range of fresh food items, through Company-operated stores. It also sells a range of coffee and tea products and licenses its trademarks through other channels, such as licensed stores, grocery and national foodservice accounts. It operates through four segment: Americas, which includes the United States, Canada, and Latin America; Europe, Middle East, and Africa (EMEA); China/Asia Pacific (CAP), and Channel Development. In addition to its Starbucks Coffee brand, it also sells goods and services under the brands, including Teavana, Tazo, Seattles Best Coffee, Evolution Fresh, La Boulange and Ethos. Its Americas, EMEA, and CAP segments include both Company-operated and licensed stores. The Americas and EMEA segments include certain foodservice accounts, primarily in Canada and the United Kingdom.

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