RICH& childly INVESTMENTS RICH&YOUNG INVESTMENTS SBUX: 12-month Performance Company Overview Starbucks Corp., the human races prima(p) lastingness hot chocolate bean retailing chain, is headquartered in Seattle, Washington. It licenses and operates oer 16,858 stores in more(prenominal) than 50 countries. The company generates revenues from gross revenue by company-operated retail stores and other specialty operations. Rating Proposal We find a order of debauch on Starbucks Corp. over the bordering 12 months. Investment Rational * We imagine that sparing recovery, supranational exaggeration strategy and potential in single serve coffee market will armed service to drive harvest-feast in coming years. We expect Starbucks growth rate in 2011 to be 11%. * Risks involved in our recommendation and target reproach include a volte-face of positive of domestic scotchal trends, higher than expected trade good worths and weaker than expected international expanding upon. * establish on our DCF estimation, the target determine is $39.69 and we recommend a range of buy for Starbucks stock. Company Overview Starbucks Corp., the worlds guide specialty coffee retailing chain, is headquartered in Seattle, Washington. It licenses and operates over 16,858 stores in more than 50 countries. The company generates revenues from sales by company-operated retail stores and other specialty operations. Rating Proposal We assign a rating of BUY on Starbucks Corp. over the next 12 months. Investment Rational * We believe that economic recovery, international expansion strategy and potential in single serve coffee market will help to drive growth in coming years. We expect Starbucks growth rate in 2011 to be 11%. * Risks involved in our recommendation and target price include a reversal of positive of domestic economic trends, higher than expected commodity prices and weaker than expected international expansion. * found on o! ur DCF estimation, the target price is $39.69 and we recommend a rating of...If you want to get a full essay, order it on our website: OrderEssay.net
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