Starbucks Corp. (Symbol: SBUX) shares have surpassed the average analyst 12-month target price of $110.05, currently trading at $111.47 per share. This shift prompts analysts to consider revising their valuations, either by downgrading due to valuation concerns or increasing targets based on positive business developments.
There are 20 analyst price targets for Starbucks, with the lowest at $87.00 and the highest at $136.00, yielding a standard deviation of $13.426. Currently, analyst ratings include 9 strong buys, 1 buy, 12 holds, and no sell ratings, leading to an average rating of 2.14 on a scale where 1 is a strong buy and 5 is a strong sell.
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