Green Mountain Coffee Roasters PT Raised to $54.00 at Argus (GMCR)

Green Mountain Coffee Roasters (NASDAQ: GMCR) had its price target boosted by Argus from $50.00 to $54.00 in a research report sent to investors on Wednesday morning. The firm currently has a buy rating on the stock.

GMCR has been the subject of a number of other recent research reports. Analysts at Dougherty & Co downgraded shares of Green Mountain Coffee Roasters from a buy rating to a neutral rating in a research note to investors on Monday, February 11th. Separately, analysts at Zacks reiterated an outperform rating on shares of Green Mountain Coffee Roasters in a research note to investors on Friday, February 8th. They now have a $56.00 price target on the stock. Finally, analysts at Longbow Research raised their price target on shares of Green Mountain Coffee Roasters from $54.00 to $64.00 in a research note to investors on Thursday, February 7th. They now have a buy rating on the stock.

Nine analysts have rated the stock with a buy rating, four have given a hold rating, and one has assigned a sell rating to the company. Green Mountain Coffee Roasters presently has a consensus rating of overweight and a consensus price target of $54.30.

Green Mountain Coffee Roasters traded down 0.39% on Wednesday, hitting $45.69. Green Mountain Coffee Roasters has a 1-year low of $17.11 and a 1-year high of $69.46. The stock’s 50-day moving average is currently $43.41. The company has a market cap of $6.799 billion and a price-to-earnings ratio of 19.81.

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