Analysts set Price Target of $103.00 on Shares of Keurig Green Mountain

In their latest research note to investors, CLSA analysts have set a price target of $103.00 with a 'sell' rating for the shares of Keurig Green Mountain stock. The figure is significantly lower than Morgan Stanley analysts' price target of $140.00 per share.

The Waterbury, US based firm presently has a 'sell' rating on its stock. CLSA's target price for the firm points towards a potential upside of 9.27% from the company's current price.

Director Norman H. Wesley bought 5,000 shares of Keurig Green Mountain stock in a transaction that occurred on Monday, May 11th.

The shares were purchased at an average cost of 4101.92 per share, with a total value of $509,600.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Other equities analysts have also recently issued reports about the stock. Analysts at Morgan Stanley reiterated an 'overweight' rating and set a $140.00 price target on shares of Keurig Green Mountain in a research note on Tuesday.

Analysts at Zacks downgraded shares of Keurig Green Mountain from a 'hold' rating to a 'sell' rating in a research note on Monday.

On the other hand, analysts at Stifel Nicolaus reiterated a 'hold' rating on shares of Keurig Green Mountain in a research note on Sunday, May 10th.

Finally, analysts at Dougherty & Co reiterated a 'neutral' rating on shares of Keurig Green Mountain in a research note on Sunday, May 10th.

Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company.

Keurig Green Mountain has an average rating of 'Hold' and a consensus target price of $137.30.

Shares of Keurig Green Mountain traded down 8.55% during mid-day trading on Friday, hitting $94.26. 9,932,353 shares of the company's stock traded hands.