Should You Buy Starbucks Stock Now? It's Complicated.
Is coffee leader (NASDAQ: SBUX) in the midst of a recovery? The market thinks so. Starbucks stock jumped after earnings last week, and it was up 16% over the past year, despite falling sales and sagging earnings.
There's been some progress, and investors are picking up on that. They also have confidence in new CEO Brian Niccol, who's been at the helm about five months.
Is now the right time to buy? There are a lot of factors to consider. Let's go through them.
Source Fool.com
Starbucks Corp. Stock
€72.66
0.060%
The stock is one of the favorites of our community with 34 Buy predictions and 2 Sell predictions.
As a result the target price of 90 € shows a positive potential of 23.86% compared to the current price of 72.66 € for Starbucks Corp..
