Home » USA Broker Ratings » Starbucks Corporation – Consenus Indicates Potential -7.7% Downside

Starbucks Corporation – Consenus Indicates Potential -7.7% Downside

Starbucks Corporation with ticker code (SBUX) have now 25 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 96 and 64 with a mean TP of 80.72. With the stocks previous close at 87.44 this is indicating there is a potential downside of -7.7%. There is a 50 day moving average of 81.49 while the 200 day moving average is 73.65. The company has a market cap of $105,871m. Company Website: 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 four segments: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development. Its stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, iced tea, and food and snacks; 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, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange, Ethos, Frappuccino, Starbucks Reserve, Princi, Starbucks Doubleshot, Starbucks Refreshers, and Starbucks VIA brand names. As of April 25, 2019, the company operated approximately 30,000 stores. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.