Maxim Group analyst Stephen Anderson maintained a Buy rating on Coffee Holding Co (JVA) yesterday and set a price target of $8. The company’s shares closed yesterday at $4.45.
Anderson observed:
“We maintain our Buy rating on Coffee Holding Company (JVA), though reduce our price target to $8, from $10, ahead of the release of F2Q19 (April) results scheduled for the week of June 10-14.”
According to TipRanks.com, Anderson is a 5-star analyst with an average return of 8.9% and a 65.2% success rate. Anderson covers the Services sector, focusing on stocks such as Dave & Busters Entertainment, Good Times Restaurants Inc, and Famous Dave’s Of America.
Currently, the analyst consensus on Coffee Holding Co is a Moderate Buy with an average price target of $8.
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Coffee Holding Co’s market cap is currently $24.78M and has a P/E ratio of 26.57. The company has a Price to Book ratio of 0.98.
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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.
