Green Mountain Coffee Roasters (NASDAQ: GMCR)‘s stock had its “buy” rating reiterated by equities research analysts at KeyBanc (NYSE: KEY) in a research note issued to investors on Thursday. They currently have a $45.00 price target on the stock.
A number of other analysts have also recently weighed in on GMCR. Analysts at Bank of America (NYSE: BAC) cut their price target on shares of Green Mountain Coffee Roasters from $63.00 to $51.00 in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at Piper Jaffray (NYSE: PJC) downgraded shares of Green Mountain Coffee Roasters from an “overweight” rating to a “neutral” rating in a research note to investors on Thursday. They now have a $40.00 price target on the stock. Finally, analysts at SunTrust (NYSE: STI) downgraded shares of Green Mountain Coffee Roasters from a “buy” rating to a “neutral” rating in a research note to investors on Thursday.
Green Mountain Coffee Roasters traded up 5.41% on Thursday, hitting $27.27. Green Mountain Coffee Roasters has a 52-week low of $24.40 and a 52-week high of $115.98. The company has a market cap of $4.233 billion and a price-to-earnings ratio of 12.43.
The company last announced its quarterly results on Wednesday, May 2nd. It reported $0.64 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.63 EPS by $0.01. The company’s quarterly revenue was up 36.7% on a year-over-year basis. Analysts expect that Green Mountain Coffee Roasters will post $0.71 EPS next quarter.
Green Mountain Coffee Roasters, Inc. (GMCR) is engaged in the specialty coffee and coffee maker businesses.