Stock Price Targets in Spotlight: Starbucks Corporation (NASDAQ:SBUX), Plains Group Holdings, L.P. (NYSE:PAGP)

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Wall Street sell-side research analysts covering Starbucks Corporation (NASDAQ:SBUX) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $63.875 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $70 while the most conservative estimate stand at $58.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Starbucks Corporation. They give the company shares an ABR of 1.55. This is based on the 16 analysts taken into consideration by Zacks.

Earnings Estimates for Starbucks Corporation (NASDAQ:SBUX)

Currently, Wall Street is projecting that the firm will post $0.52 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-09-30, Starbucks Corporation's EPS was reported as $0.56. This created a “surprise factor” 1.82% due to being $0.01 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2017-01-19, the date when Starbucks Corporation (NASDAQ:SBUX) are expected to release their quarterly results.

Wall Street sell-side research analysts covering Plains Group Holdings, L.P. (NYSE:PAGP) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $12.171 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $15 while the most conservative estimate stand at $10.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Plains Group Holdings, L.P.. They give the company shares an ABR of 2.38. This is based on the 16 analysts taken into consideration by Zacks.

Earnings Estimates for Plains Group Holdings, L.P. (NYSE:PAGP)

Currently, Wall Street is projecting that the firm will post $0.93 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-09-30, Plains Group Holdings, L.P.'s EPS was reported as $0.24. This created a “surprise factor” -55% due to being $-0.2929 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2017-02-13, the date when Plains Group Holdings, L.P. (NYSE:PAGP) are expected to release their quarterly results.

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