Starbucks Corporation (SBUX) has an average broker rating of 1.58, which is interpreted as a Buy, as rated by 18 equity analysts. Nonetheless, 12 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Starbucks Corporation (SBUX) : Average target price received by Starbucks Corporation (SBUX) is $66.44 with an expected standard deviation of $3.79. The most aggressive target on the stock is $72, whereas the most downbeat target is $58. 16 financial analysts are currently covering the stock.
Shares of Starbucks Corporation appreciated by 1.86% during the last five trading days but lost 2.34% on a 4-week basis. Starbucks Corporation is up 2.09% in the last 3-month period. Year-to-Date the stock performance stands at -5.08%. Starbucks Corporation (NASDAQ:SBUX): stock turned positive on Tuesday. Though the stock opened at $56.17, the bulls momentum made the stock top out at $56.54 level for the day. The stock recorded a low of $56 and closed the trading day at $56.4, in the green by 0.98%. The total traded volume for the day was 7,827,823. The stock had closed at $55.85 in the previous days trading.
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.