Starbucks Corporation with ticker code (SBUX) have now 27 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 111 and 75 with the average target price sitting at 94.81. With the stocks previous close at 88.46 this would imply there is a potential upside of 7.2%. There is a 50 day moving average of 85.05 and the 200 day moving average is 88.38. The market capitalisation for the company is $104,200m. 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 Princi 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.