“Buy” rating was Kept at Jefferies. Starbucks (NASDAQ:SBUX) Has Given Target Price Of $61.

June 27, 2018 - By Sarah Harris

Starbucks Corporation (NASDAQ:SBUX) Corporate Logo

Big Money Sentiment decreased to 0.93 in Q1 2018. It has change of 0.12, from 2017Q4’s 1.05. The ratio dropped due to Starbucks Corporation positioning: 61 sold and 485 reduced. 118 funds bought stakes and 391 increased stakes. Investors holded 983.38 million in 2017Q4 but now own 955.12 million shares or 2.87% less.

Rafferty Asset Ltd Co invested in 0.02% or 27,494 shs. Tctc Limited Liability Corporation has invested 0.03% in Starbucks Corporation (NASDAQ:SBUX). Legal General Grp Public Limited holds 0.3% or 6.69M shs in its capital. Livforsakringsbolaget Skandia Omsesidigt accumulated 0.01% or 21,842 shs. Asset Mngmt stated it has 0.35% of its capital in Starbucks Corporation (NASDAQ:SBUX). Washington Tru holds 188,417 shs or 0.64% of its capital. Bahl & Gaynor Inc invested in 0.44% or 688,460 shs. Chilton Capital Management Lc invested in 7,589 shs. Gemmer Asset Lc invested in 114,042 shs or 2.27% of the stock. Jump Trading Limited Liability holds 0.02% in Starbucks Corporation (NASDAQ:SBUX) or 3,231 shs. Stralem And Communication holds 3.56% or 309,855 shs in its capital. George Kaiser Family Foundation owns 23,444 shs. Rampart Invest Mgmt Ltd Liability Corp owns 88,590 shs. Regent Invest Mngmt Limited Company owns 3,543 shs for 0.07% of their capital. Hengehold Cap Mngmt Ltd Llc owns 7,685 shs or 0.12% of their US capital.

Starbucks Corporation registered $13.62 million net activity with 0 insider buys and 3 sales since January 31, 2018. Another trade for 12,500 shs valued at $740,851 was made by ULLMAN MYRON E III on Monday, March 12. BURROWS CLIFFORD had sold 162,826 shs worth $9.28 million on Wednesday, January 31.

Reiterated Starbucks (NASDAQ:SBUX) Rating.

On Tuesday, 26 June an analyst report was revealed to clients and investors on Starbucks (NASDAQ:SBUX) of its “Buy” Rating reaffirmed by analysts at Jefferies. The MC company was given $61 TP that would suggest 20.96 % upside potential from the last close price.

Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage

A total of 22 analysts rate Starbucks Corp (NASDAQ:SBUX) as follows: 11 “Buy”, 11 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NASDAQ:SBUX) has 36 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Friday, January 26 the stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Cowen & Co. On Monday, February 5 Piper Jaffray maintained the shares of SBUX in report with “Buy” rating. In Friday, March 9 report UBS maintained the stock with “Buy” rating. On Friday, January 26 Barclays Capital maintained the shares of SBUX in report with “Hold” rating. On Wednesday, June 20 the firm earned “Neutral” rating by Mizuho. On Wednesday, June 20 the firm has “Hold” rating given by Stifel Nicolaus. On Wednesday, June 20 the stock of Starbucks Corporation (NASDAQ:SBUX) has “Market Perform” rating given by Telsey Advisory Group. On Thursday, January 25 the stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given by Robert W. Baird. On Tuesday, June 5 the firm has “Outperform” rating by Robert W. Baird given. On Wednesday, June 20 the rating was downgraded by BTIG Research to “Hold”.

The stock increased 0.10% or $0.05 during the last trading session, touching $50.43.Currently Starbucks Corporation is downtrending after 7.92% change in last June 27, 2017. SBUX has 4.14M shares volume. SBUX underperformed by 20.49% the S&P500.

On July, 26 is anticipated Starbucks Corporation (NASDAQ:SBUX)’s earnings report, Faxor reports. EPS of $0.65 is 18.18 % up from 2017’s $0.55 EPS. If SBUX’s EPS is $0.65 the profit will reach $896.99M for 19.40 P/E. Analysts at Wall Street see Starbucks Corporation’s 22.64 % EPS growth compared to $0.53 EPS for previous quarter.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide.The firm is worth $69.59 billion. The firm operates in four divisions: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development.The P/E ratio is 16.55. The Company’s stores offer coffee and tea beverages, roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, and food and snacks; and various food products, such as pastries, breakfast sandwiches, and lunch items.

For more Starbucks Corporation (NASDAQ:SBUX) news brought out briefly go to: Fool.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or 247Wallst.com. The titles are as follows: “Starbucks’ Dividend Increase Comes Early: What You Need to Know” brought out on June 25, 2018, “Starbucks: Buy This Dip” on June 26, 2018, “Starbucks – Getting More Appealing, Reducing My Entry Target” with a publish date: June 23, 2018, “Starbucks: 2.7% Yield And 20% Dividend Growth” and the last “Starbucks 500-Calorie Menu” with publication date: June 25, 2018.

Starbucks Corporation (NASDAQ:SBUX) Institutional Investors Chart

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