Several analysts have recently updated their ratings and price targets for Starbucks (NASDAQ: SBUX):

  • 3/13/2017 – Starbucks had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $65.00 price target on the stock.
  • 3/13/2017 – Starbucks had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $66.00 price target on the stock.
  • 3/10/2017 – Starbucks had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG.
  • 3/7/2017 – Starbucks was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $60.66 price target on the stock.
  • 3/6/2017 – Starbucks was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $64.53 price target on the stock.
  • 2/16/2017 – Starbucks had its “outperform” rating reaffirmed by analysts at Robert W. Baird.
  • 2/13/2017 – Starbucks was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $62.62 price target on the stock.
  • 2/10/2017 – Starbucks was downgraded by analysts at Argus from a “buy” rating to a “hold” rating. They now have a $55.81 price target on the stock, up previously from $55.50. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/31/2017 – Starbucks had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $65.00 price target on the stock.
  • 1/30/2017 – Starbucks was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $63.69 price target on the stock.
  • 1/30/2017 – Starbucks had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $55.00 price target on the stock.
  • 1/29/2017 – Starbucks had its “equal weight” rating reaffirmed by analysts at Stephens. They now have a $58.00 price target on the stock.
  • 1/28/2017 – Starbucks had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $70.00 price target on the stock.
  • 1/28/2017 – Starbucks was given a new $64.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 1/28/2017 – Starbucks was given a new $62.00 price target on by analysts at BMO Capital Markets. They now have a “buy” rating on the stock.
  • 1/27/2017 – Starbucks had its “buy” rating reaffirmed by analysts at BTIG Research. They now have a $64.00 price target on the stock.
  • 1/27/2017 – Starbucks was given a new $65.00 price target on by analysts at Sanford C. Bernstein. They now have a “buy” rating on the stock.
  • 1/27/2017 – Starbucks had its price target lowered by analysts at Buckingham Research from $59.00 to $54.00. They now have a “hold” rating on the stock.
  • 1/27/2017 – Starbucks had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $66.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/27/2017 – Starbucks had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $71.00 price target on the stock.
  • 1/27/2017 – Starbucks was given a new $60.00 price target on by analysts at Stifel Nicolaus. They now have a “hold” rating on the stock.
  • 1/27/2017 – Starbucks had its “conviction-buy” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a $68.00 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/27/2017 – Starbucks had its price target lowered by analysts at Barclays PLC from $64.00 to $61.00. They now have an “equal weight” rating on the stock.
  • 1/24/2017 – Starbucks had its “neutral” rating reaffirmed by analysts at Buckingham Research. They now have a $59.00 price target on the stock.
  • 1/24/2017 – Starbucks had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $65.00 price target on the stock.
  • 1/20/2017 – Starbucks was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Starbucks is strengthening its portfolio with significant innovation around beverages and core food offerings. Starbucks’s operating fundamentals remain strong – solid global retail footprint, successful innovations, best-in-class loyalty program and digital offerings. Again, digital initiatives like mobile order/pay, delivery services and third-party loyalty partnerships can stimulate stronger sales trends in the Americas. CPG growth across the world as well as China/Asia expansion will also enhance value creation.Starbucks’ shares have outperformed the Zacks categorized Retail-Food & Restaurants industry in the last six-month period. However, business in Europe is clouded by the economic uncertainties in the Northern region and deflation in the Eurozone. Accelerated global employee and digital investments can keep profits under strain.”
  • 1/20/2017 – Starbucks had its “in-line” rating reaffirmed by analysts at Wedbush. They now have a $65.00 price target on the stock.

Shares of Starbucks Co. (NASDAQ:SBUX) traded up 0.05% during midday trading on Monday, hitting $55.81. 7,948,425 shares of the company were exchanged. Starbucks Co. has a one year low of $50.84 and a one year high of $61.64. The stock’s 50-day moving average is $55.99 and its 200-day moving average is $55.70. The stock has a market cap of $81.34 billion, a PE ratio of 28.62 and a beta of 0.79.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Thursday, January 26th. The coffee company reported $0.52 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.52. The company earned $5.70 billion during the quarter, compared to the consensus estimate of $5.85 billion. Starbucks had a net margin of 13.30% and a return on equity of 51.45%. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.46 earnings per share. Equities research analysts anticipate that Starbucks Co. will post $2.13 EPS for the current year.

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The company also recently disclosed a quarterly dividend, which was paid on Friday, February 24th. Investors of record on Thursday, February 9th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.79%. The ex-dividend date was Tuesday, February 7th. Starbucks’s dividend payout ratio is currently 51.28%.

In related news, Director Joshua Cooper Ramo sold 5,868 shares of the company’s stock in a transaction on Tuesday, January 31st. The shares were sold at an average price of $55.23, for a total transaction of $324,089.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.40% of the stock is currently owned by corporate insiders.

Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of coffee. As of October 2, 2016, the Company operated in 75 countries. The Company operates through four segments: Americas, which is inclusive of the United States, Canada, and Latin America; China/Asia Pacific (CAP); Europe, Middle East, and Africa (EMEA), and Channel Development.

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