Uploaded by FinancialNewsOnline on Dec 13, 2011
Shares of Green Mountain Coffee Roasters (NASDAQ:GMCR) are lower in afternoon trading following reports that the market share of the company's K-Cup unit dropped 0.3% in the four weeks ending Nov. 27.
Analysis by a Bloomberg analyst, who cited Symphony/IRI data, also showed that the average unit price for K-Cups fell 1% over the four week period. At last look, Green Mountain's stock was down $5.14, or 9.10%, to $51.35.
Green Mountain Coffee Roasters (NASDAQ:GMCR) has potential upside of 88.4% based on a current price of $51.25 and an average consensus analyst price target of $96.56.
Analysis by a Bloomberg analyst, who cited Symphony/IRI data, also showed that the average unit price for K-Cups fell 1% over the four week period. At last look, Green Mountain's stock was down $5.14, or 9.10%, to $51.35.
Green Mountain Coffee Roasters (NASDAQ:GMCR) has potential upside of 88.4% based on a current price of $51.25 and an average consensus analyst price target of $96.56.
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