On Jun 27, 2018 20.96 % to Target, Starbucks (NASDAQ:SBUX) Stock Buy Rating Reiterated by Jefferies.

June 27, 2018 - By Andre Harris

Starbucks Corporation (NASDAQ:SBUX) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.93. That’s change of 0.12, from 2017Q4’s 1.05. 61 investors sold all, 485 reduced holdings as Starbucks Corporation ratio turned negative. 391 increased holdings while 118 funds acquired holdings. Funds hold 955.12 million shares thus 2.87% less from 2017Q4’s 983.38 million shares.

Cidel Asset Mgmt Inc has 3,759 shs for 0.01% of their capital. 770,758 were reported by Bnp Paribas Asset Management Holdg Sa. Twin Tree Mgmt Limited Partnership accumulated 0.01% or 16,993 shs. 549,089 were accumulated by Bank & Trust Of Nova Scotia. Strategic Advsrs Lc owns 0.19% invested in Starbucks Corporation (NASDAQ:SBUX) for 7,996 shs. Switzerland-based Credit Suisse Ag has invested 0.11% in Starbucks Corporation (NASDAQ:SBUX). Cap Ca reported 1.3% in Starbucks Corporation (NASDAQ:SBUX). Marco Investment Management Lc reported 17,725 shs. Vision Management has invested 1.39% in Starbucks Corporation (NASDAQ:SBUX). St Johns Inv Mngmt Llc has 0.05% invested in Starbucks Corporation (NASDAQ:SBUX). Heritage Wealth Advisors holds 5,449 shs. Strategic Wealth Advsrs Gru invested in 0.22% or 62,454 shs. Albion Financial Grp Ut holds 11,820 shs. Focused Wealth Mgmt has invested 0% of its capital in Starbucks Corporation (NASDAQ:SBUX). Nikko Asset Mngmt Americas owns 1.48% invested in Starbucks Corporation (NASDAQ:SBUX) for 719,306 shs.

Starbucks Corporation registered $13.62 million net activity with 0 insider buys and 3 selling transactions since January 31, 2018. $3.60 million worth of Starbucks Corporation (NASDAQ:SBUX) shs were sold by WEATHERUP CRAIG. On Monday, March 12 ULLMAN MYRON E III had sold 12,500 shs worth $740,851.

Reiterated Starbucks (NASDAQ:SBUX) Rating.

On Tuesday, 26 June a research note was revealed to investors and clients on Starbucks (NASDAQ:SBUX) of its Buy Rating maintained by professional analysts at Jefferies. The market cap company was given $61 TP that suggests 20.96 % upside potential from the last stock close.

Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage

In total 22 analysts cover Starbucks Corp (NASDAQ:SBUX). “Buy” rating has 11, “Sell” are 0, while 11 are “Hold”. (NASDAQ:SBUX) has 50% bullish analysts. 36 are the (NASDAQ:SBUX)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, January 26 Piper Jaffray maintained the shares of SBUX in report with “Buy” rating. In Wednesday, June 20 report Wedbush maintained the stock with “Neutral” rating. On Friday, January 26 the stock of Starbucks Corporation (NASDAQ:SBUX) has “Hold” rating given by Barclays Capital. In Tuesday, June 26 report Jefferies maintained the stock with “Buy” rating. On Wednesday, June 20 the rating was downgraded by BTIG Research to “Hold”. On Friday, January 26 the rating was maintained by Credit Suisse with “Hold”. On Friday, April 13 the company was downgraded by Cowen & Co. In Thursday, February 1 report Mizuho downgraded the stock to “Neutral” rating. On Friday, January 26 the stock has “Buy” rating by RBC Capital Markets. On Friday, January 26 Oppenheimer maintained the shares of SBUX in report with “Outperform” rating.

SBUX is reaching $50.43 during the last trading session, after increased 0.10%.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.

Starbucks Corporation (NASDAQ:SBUX) is awaited to reveal earnings on July, 26., Faxor reports. This year’s earnings per share analyst estimate is awaited to be $0.65. That is 18.18 % up compareed to $0.55 earnings per share for last year. The profit will be $896.99 million for SBUX if $0.65 earnings per share becomes true. 22.64 % EPS growth is what Wall Street’s forecasts after $0.53 reported EPS last 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 released briefly go to: Seekingalpha.com, Seekingalpha.com, Fool.com, Seekingalpha.com or Benzinga.com. The titles are as follows: “Starbucks: Q3 Update Affirms The Slow Growth Thesis” released on June 21, 2018, “Starbucks Valuation: When To Catch This Falling Knife” on June 26, 2018, “Starbucks’ Dividend Increase Comes Early: What You Need to Know” with a publish date: June 25, 2018, “Starbucks: Buy This Dip” and the last “Should Investors Buy The Dip In Starbucks? These Street Analysts Are Saying No” with publication date: June 20, 2018.

Starbucks Corporation (NASDAQ:SBUX) Institutional Investors Chart

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