Maxim Group Remains a Buy on Coffee Holding Co (JVA)


Maxim Group analyst Stephen Anderson maintained a Buy rating on Coffee Holding Co (JVA) today and set a price target of $9. The company’s shares opened today at $5.36.

Anderson commented:

“We maintain our Buy rating on Coffee Holding Co. (JVA) and raise our price target to $9, from $8, following the release of better-than-expected F4Q18 (October) results earlier today.”

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 10.3% and a 67.1% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Dine Brands Global Inc.

Coffee Holding Co has an analyst consensus of Moderate Buy, with a price target consensus of $9.

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Coffee Holding Co’s market cap is currently $27.32M and has a P/E ratio of 28.13. The company has a Price to Book ratio of 1.09.

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Coffee Holding Co., Inc. is wholesale coffee roaster and dealer in the U.S. Its products are divided into three categories: Wholesale Green Coffee, Private Label Coffee and Branded Coffee. The Wholesale Green Coffee consists of unroasted raw beans imported from around the world and sold to large and small roasters and coffee shop operators.

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