Shares Of Starbucks Corporation (NASDAQ:SBUX) Rated As Outperform By Analysts At RBC Capital Markets
According to an update released by analysts at RBC Capital Markets the broker has now set a ‘Outperform’ rating on shares of Starbucks Corporation (NASDAQ:SBUX) with a price target of 64.
RBC Capital Markets on Wednesday reiterated Starbucks Corporation’s analyst rating as ‘Outperform’ with its price target of 64 highlighting a potential increase of 19.58% from Starbucks Corporation’s current price of 53.52.
Starbucks Corporation has 1,466,599,000 shares in issue which have a share price of 53.52 giving Starbucks Corporation a market capitalisation of 78.49B USD.
The company has a 50 day moving average of 54.13 and a 200 day moving average of 56.08. The 52 week high shares of Starbucks Corporation have reached is 64 whilst the 52 week low for the company’s shares is 52.59.