tiprankstipranks
In this article:
Blurbs

Tigress Financial Thinks Starbucks’ Stock is Going to Recover

In this article:
In this article:

Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Starbucks (SBUXResearch Report) today and set a price target of $136.00. The company’s shares closed last Wednesday at $80.98, close to its 52-week low of $78.92.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 14.4% and a 62.8% success rate. Feinseth covers the Technology sector, focusing on stocks such as International Business Machines, Dolby Laboratories, and Alphabet Class A.

Currently, the analyst consensus on Starbucks is a Moderate Buy with an average price target of $112.70, representing a 41.1% upside. In a report issued on April 4, Jefferies also maintained a Buy rating on the stock with a $130.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Starbucks’ market cap is currently $91.78B and has a P/E ratio of 21.52.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Founded in 1985, Starbucks Corp. is a Washington-based roaster and retailer of specialty coffee, with over 30,000 stores in 80 markets. It operates through three segments, including Americas, International and Channel Development. Starbucks stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink beverages, food items such as pastries, sandwiches, salads, oatmeals, as well as a variety of merchandise. The company’s leading brands include Evolution Fresh, Teavana, Tazo Tea and Seattle’s Best.

Read More on SBUX:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed

In this article:

Latest News Feed