Green Mountain Coffee Roasters (NASDAQ:GMCR)‘s stock had its “buy” rating reiterated by analysts at KeyCorp in a research report issued to clients and investors on Friday, ARN reports. They currently have a $100.00 target price on the stock. KeyCorp’s price target would suggest a potential upside of 64.93% from the stock’s previous close.
A number of other firms have also recently commented on GMCR. Analysts at Argus downgraded shares of Green Mountain Coffee Roasters from a “buy” rating to a “hold” rating in a research note to investors on Thursday, October 24th. Separately, analysts at Zacks reiterated an “outperform” rating on shares of Green Mountain Coffee Roasters in a research note to investors on Thursday, October 17th. They now have a $80.00 price target on the stock. Finally, 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 Thursday, October 17th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Green Mountain Coffee Roasters presently has a consensus rating of “Buy” and an average target price of $84.36.
Shares of Green Mountain Coffee Roasters (NASDAQ:GMCR) traded up 3.08% on Friday, hitting $62.50. The stock had a trading volume of 1,388,924 shares. Green Mountain Coffee Roasters has a 52 week low of $24.02 and a 52 week high of $89.66. The stock’s 50-day moving average is $66.28 and its 200-day moving average is $73.89. The company has a market cap of $9.421 billion and a price-to-earnings ratio of 20.87.
Green Mountain Coffee Roasters, Inc (NASDAQ:GMCR) is engaged in the specialty coffee and coffee maker businesses.
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