Markets

Starbucks Corporation (NASDAQ:SBUX) 52-Week Price Target At $64.5

Starbucks Corporation (NASDAQ:SBUX) 52-Week Price Target At $64.5

Deutsche Bank gave the share price of Starbucks Corporation a price target of 59 meaning the broker expects a potential upside of 12.47% from Starbucks Corporation's current market price of 52.46. Wall Street analysts tap into their deep knowledge of the company to help calculate future stock movement.

Several other research analysts have also recently commented on the stock. Wedbush reissued an "outperform" rating and issued a $70.00 price target on shares of Starbucks Corp.in a report on Tuesday, August 2nd.

Credit Suisse reiterated a Neutral rating with a $58 price target. Macquarie upgraded shares of Starbucks Corp. from a "buy" rating to a "strong-buy" rating in a report on Wednesday, September 14th.

Shares of Starbucks Corp. Six research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company. The stock now has an average rating of "Buy" and a consensus target price of $65.05. The company has got a 52-week exceptional price of $63.19 and reached a 52-week lowest of the share price at $52.09.

The Thunder are what Klay Thompson needs to get right
A photo is also doing the rounds of some tombstone cookies from the party with Steph Curry and Klay Thompson's names on them. Kevin Durant even chimed in, although he wasn't a member of the Warriors last season. "I'm a basketball player, bro".


A number of other equities research analysts have also issued reports on SBUX.

After a look at recent stock performance, shares have traded $-1.24 off of the 50-day moving average of $53.60 and $-3.27 off of the 200-day moving average of $55.63. Leading analysts, on a consensus basis, are anticipating EPS of $0.55 for the quarter. Farmers National Bank bought a new position in Starbucks Corp. during the second quarter worth $101,000. The Hedge Fund company now holds 1,418,901 shares of SBUX which is valued at $74,492,303. Cascade Investment Advisors Inc. acquired a new stake in Starbucks Corp. during the second quarter worth approximately $107,000.

Starbucks Corporation registered revenue surprise of $-112.23 on per share basis or -2.1% in percentage basis in the last quarter. Starbucks Corporation makes up approx 0.35% of Duncker Streett Co Inc's portfolio.Wendell David Associates Inc boosted its stake in SBUX in the latest quarter, The investment management firm added 8,915 additional shares and now holds a total of 83,019 shares of Starbucks Corporation which is valued at $4,380,082. Recent traded volume was 3.6 million shares versus to it an average volume of 3.49 million shares. He performs analysis of Companies and publicizes important information for investor/traders community. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new stake in Starbucks Corp. during the second quarter valued at about $123,000. The volume of 10.86 Million shares climbed down over an trading activity of 6.71 Million shares. In addition to sales through its company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales group and supermarkets.


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