Starbucks Corporation (NASDAQ:SBUX) traded today at a new 52-week high of $116.60. Approximately 1.3 million shares have changed hands today, as compared to an average 30-day volume of 6.6 million shares.
Starbucks Corporation has overhead space with shares priced $116.41, or 26.3% below the average consensus analyst price target of $157.87.
In the past 52 weeks, Starbucks Corporation share prices are bracketed by a low of $70.65 and a high of $116.60 and is now at $116.41, 65% above that low price.
Starbucks is one of the most widely recognized restaurant brands in the world, operating 32,900 stores across 83 countries as of December 2020. The firm operates in three segments: the Americas, international markets, and through retail channels via channel development. Starbucks primarily generates revenue from company-operated stores, with additional sales coming from royalties, sales of equipment and products to license partners, ready-to-drink beverages, fresh coffee, and single-serve coffee products.
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