Starbucks Corporation found using ticker (SBUX) now have 26 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 111 and 75 calculating the average target price we see 94.12. Given that the stocks previous close was at 84.82 this indicates there is a potential upside of 11.0%. The 50 day moving average now sits at 83.91 while the 200 day moving average is 87.42. The company has a market cap of $100,857m. You can visit the company’s website by visiting: http://www.starbucks.com
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in three segments: Americas; International; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, and iced tea; and various food products, such as pastries, breakfast sandwiches, and lunch items. The company also licenses its trademarks through licensed stores, and grocery and foodservice accounts. It offers its products under the Starbucks, Teavana, Seattle’s Best Coffee, Evolution Fresh, Ethos, Starbucks Reserve, and Pri brand names. As of October 30, 2019, the company operated approximately 31,000 stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.