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Buckingham Reiterates on Green Mountain Coffee Roasters Compelling Risk/Reward, Potential Upside

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In a report published Wednesday, The Buckingham Research Group analyst Matthew DiFrisco reiterated a Buy rating and $92.00 price target on Green Mountain Coffee Roasters (NASDAQ: GMCR).

In the report, The Buckingham Research Group noted, “We reiterate our BUY on GMCR shares given the prospects for meaningful margin expansion, double-digit growth in portion packs, and more dynamic growth in F2H14 when GMCR converts current unlicensed channel volume into profitable licensed partners. We see upside potential to the revised FY14 guidance and consensus, stemming from revenue and margin. HSD or DD growth from GMCR company and licensed partners cup volumes as measured by Nielsen (to be released 12/4 BMO) would imply upside to F1Q14's low to mid single-digit revenue expectation.”

Green Mountain Coffee Roasters closed on Tuesday at $64.16.

Latest Ratings for GMCR

Nov 2015WedbushMaintainsNeutral
Nov 2015OTR GlobalDowngradesMixedNegative
Sep 2015CLSAMaintainsUnderperform

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Posted-In: Matthew DiFrisco The Buckingham Research GroupAnalyst Color Reiteration Analyst Ratings


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