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RBC Capital Markets disclosed Starbucks Corporation (NDAQ:SBUX), boosting its price target to $63.00 earlier today

Having a price of $55.74, Starbucks Corporation (NDAQ:SBUX) traded 0.59% higher on the day. With the last stock price down -3.05% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. SBUX has recorded a 50-day average of $54.57 and a two hundred day average of $57.73. Trade Volume was down over the average, with 7,234,267 shares of SBUX changing hands under the typical 10,153,300

Reporting a potential upside of 0.13%, RBC Capital Markets upped the price target of Starbucks Corporation (NDAQ:SBUX) to $63.00

On 10/3/2017, Stifel Nicolaus released a statement about Starbucks Corporation (NDAQ:SBUX) upped the target price from $0.00 to $58.00 that suggested an upside of 0.07%.

Recent Performance Chart

Starbucks Corporation (NDAQ:SBUX)

Starbucks Corporation has PE ratio of 28.25 with a one year low of $50.84 and a one year high of $64.87 and has a market capitalization of $0.

A total of 23 brokerages have issued a ratings update on Starbucks Corporation. Thirteen brokerages rating the company a strong buy, eleven brokerages rating the company a buy, five brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $68.13.

General Company Details For Starbucks Corporation (NDAQ:SBUX)

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. The Company's Americas, CAP, and EMEA segments include both company-operated and licensed stores. Its Channel Development segment includes roasted whole bean and ground coffees, Tazo teas, Starbucks- and Tazo-branded single-serve products, a range of ready-to-drink beverages, such as Frappuccino, Starbucks Doubleshot and Starbucks Refreshers beverages and other branded products sold across the world through channels, such as grocery stores, warehouse clubs, specialty retailers, convenience stores and the United States foodservice accounts.

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