Keurig Green Mountain Inc (NASDAQ:GMCR) announced the receipt on February 25, 2016 of regulatory clearance under the Competition Act (Canada) in connection with the previously announced merger between Keurig and a JAB Holding Company-led investor group (the “Merger”). Keurig expects to close the Merger as soon as reasonably practicable, subject to the satisfaction of any remaining conditions. (Original Source)

Shares of Green Mountain Coffee Roasters closed yesterday at $91.80, down $0.09 or -0.10%. GMCR has a 1-year high of $131.09 and a 1-year low of $39.80. The stock’s 50-day moving average is $90.02 and its 200-day moving average is $67.43.

On the ratings front, Green Mountain has been the subject of a number of recent research reports. In a report issued on February 1, Susquehanna analyst Pablo Zuanic maintained a Hold rating on GMCR, with a price target of $92, which represents a slight upside potential from current levels. Separately, on December 8, UBS’s Stephen Powers reiterated a Hold rating on the stock and has a price target of $92.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Pablo Zuanic and Stephen Powers have a total average return of -1.8% and -0.6% respectively. Zuanic has a success rate of 31.9% and is ranked #2616 out of 3675 analysts, while Powers has a success rate of 57.1% and is ranked #2218.

The street is mostly Neutral on GMCR stock. Out of 6 analysts who cover the stock, 6 suggest a Hold rating . The 12-month average price target assigned to the stock is $92.00, which represents a slight upside potential from current levels.

Keurig Green Mountain Inc is engaged in the coffee and coffeemaker businesses in the United States and Canada. It sells Keurig Single Cup brewers and roast high-quality Arabica bean coffees.