Are Wall Street Analysts Bullish on Starbucks Stock?

Seattle, Washington-based Starbucks Corporation (SBUX) is a leading global coffee company that roasts, markets, and retails coffee through its North America, International, and Channel Development segments. With a market capitalization of $118.1 billion, the company sells coffee, tea, beverages, food, and packaged products while licensing its brands through stores, grocery, and foodservice channels.

Shares of the world's largest coffeehouse chain have underperformed the broader market considerably over the past year. SBUX has climbed 9.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 16%. However, the stock has gained 23.1% year-to-date, outperforming the index's 8.3% gain.