Stock Update (NASDAQ:GMCR): Keurig Green Mountain to Webcast 2015 Annual Meeting of Stockholders
(BUSINESS WIRE)– Keurig Green Mountain, Inc. (Keurig) (NASDAQ:GMCR), a leader in specialty coffee and coffee makers with its innovative Keurig® brewing technology, today announced it will webcast the formal proceedings of its 2015 Annual Meeting of Stockholders to be held Thursday, January 29, 2015 at 10:00 a.m. E.T… Read more »
Shares of Green Mountain Coffee Roasters closed yesterday at $128.72 . GMCR has a 1-year high of $158.87 and a 1-year low of $74.44. The stock’s 50-day moving average is $133.81 and it’s 200-day moving average is $133.46.
On the ratings front, Green Mountain Coffee Roasters (NASDAQ: GMCR has been the subject of a number of recent research reports. In a report issued on January 9, Stifel Nicolaus analyst Mark Astrachan reiterated a Hold rating on GMCR. Separately, on January 8, Morgan Stanley`s Matthew Grainger initiated coverage with a Buy rating on the stock and has a price target of $160.
In total, 6 research analysts have assigned a Hold rating and 7 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $128.72 which is 28.2% above where the stock closed yesterday.
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.