Starbucks Stock Price Analysis:
Last Closing Price: $103.55
Consensus Analyst Rating: Buy
12-Month Price Target: $92.19
Market CAP: $120.58 Billion
Deutsche Bank Capital issued a research report on Monday, December 5th, raising the 12-month target forecast for Starbucks Coffee Company (SBUX:NSD) to $106 from $100, and maintaining the Hold rating.
STA Research also maintained its Hold rating and the $90 price target on the stock.
Stock Forecast & Price:
The average analyst target price for Starbucks Corporation over the next 12 months, based on the stock projections from 16 analysts, is USD 95.30. The typical analyst recommendation for Starbucks Corporation is Buy.
Based on 9 positive and 4 negative signals, Stock Target Advisor’s own stock analysis of Starbucks Corporation is Slightly Bullish. The stock price of Starbucks Corporation was US$105.05 at the most recent closing.
Starbucks stock price of Starbucks Corporation changed by +5.51% over the previous week, +14.36% over the previous month, and -5.56% over the previous year.
The consensus Crowd Rating is a Buy, with a 12-month Crowd target of $97 per share.
About Starbucks Corporation (SBUX:NSD):
Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development.
Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; 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. It offers its products under the Starbucks Coffee, Teavana, Seattle’s Best Coffee, Ethos, Starbucks Reserve, and Princi brands.
As of October 2, 2022, the company operated 17,295 company-operated and licensed stores in North America; and 18,416 company-operated and licensed stores internationally. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.