Green Mountain Coffee Roasters (NASDAQ:GMCR) had its price target upped by Williams Capital from $98.00 to $106.00 in a research note issued to investors on Thursday, Analyst Ratings Network.com reports. The firm currently has an outperform rating on the stock.
A number of other firms have also recently commented on GMCR. Analysts at Janney Montgomery Scott upgraded shares of Green Mountain Coffee Roasters from a neutral rating to a buy rating in a research note to investors on Thursday, November 21st. They now have a $80.00 price target on the stock, up previously from $65.50. Separately, analysts at Buckingham Research initiated coverage on shares of Green Mountain Coffee Roasters in a research note to investors on Wednesday, November 20th. They set a buy rating and a $92.00 price target on the stock. Finally, analysts at SunTrust reiterated a neutral rating on shares of Green Mountain Coffee Roasters in a research note to investors on Tuesday, November 19th. They now have a $80.00 price target on the stock. Six research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The company has an average rating of Buy and a consensus price target of $88.77.
In other Green Mountain Coffee Roasters news, Director Robert Allan Steele bought 2,000 shares of the company’s stock on the open market in a transaction dated Tuesday, November 26th. The shares were purchased at an average price of $64.58 per share, for a total transaction of $129,160.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Green Mountain Coffee Roasters (NASDAQ:GMCR) traded up 2.90% during mid-day trading on Thursday, hitting $71.34. 1,469,511 shares of the company’s stock traded hands. Green Mountain Coffee Roasters has a 1-year low of $37.20 and a 1-year high of $89.66. The stock has a 50-day moving average of $63.78 and a 200-day moving average of $73.85. The company has a market cap of $10.632 billion and a price-to-earnings ratio of 21.94.
Green Mountain Coffee Roasters (NASDAQ:GMCR) last announced its earnings results on Wednesday, November 20th. The company reported $0.89 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.75 by $0.14. The company had revenue of $1.00 million for the quarter, compared to the consensus estimate of $966.27 million. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 10.6% on a year-over-year basis. On average, analysts predict that Green Mountain Coffee Roasters will post $3.77 earnings per share for the current fiscal year.
Green Mountain Coffee Roasters, Inc (NASDAQ:GMCR) is engaged in the specialty coffee and coffee maker businesses.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.