Analysts Advise About The Coca-Cola Co (NYSE:KO)
The company now has a consensus rating of “Hold” and a consensus target price of $46.90. The stock price is going above to its 52 week low with 17.23% and lagging behind from its 52 week high with -7.32%.
Shares of Philip Morris International Inc (NYSE:PM) climbed +0.69% and ended at $100.62 greater than previous closing price of $99.93.
Damian Gammell, COO, added: “We look forward to our first investor and analyst event as CCEP in Barcelona, which will provide an excellent opportunity to learn more about the Spanish market as well as our other key operations”.
Tourbillon Capital Partners L.P. holds 0.64% of its portfolio in Coca-Cola European Partners plc Ordinary Shares for 900,800 shares.
The Coca-Cola Co (NYSE:KO) stock is now trading at about $43.66 and lots of rating firms seem to have a target price set on the stock.
The Coca-Cola Co (KO) on July 27, 2016 announced several agreements that continue the Company’s progress in reshaping its North American bottling system. “For recent position, 11” Analysts have ranked the KO with Buy ratings while 1 ranked overweight.
Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter. Following the EPS trend, pool of analysts gave current quarter Per-Share Earnings estimates trends of $0.73 for the CL while maintaining high price target of 88 and average of 76.59, as reported by WSJ. Ar Asset Management Inc owns 27,000 shares or 0.4% of their U.S. portfolio.
When it comes to earning per share the company is at -3.60% for the year with a projected 11.25% earning per share for the next year. The P/E ratio of Coca-Cola Enterprises, Inc.
Some analyst provided their insight on Growth Estimates; Coca-Cola Company (The) has the Current Quarter Earnings Growth rate of -5.9%. Post opening the session at $43.74, the shares hit an intraday low of $43.40 and an intraday high of $43.80 and the price vacillated in this range throughout the day. For the next 5 years, Coca-Cola Company (The) is expecting Growth of 3% per annum, whereas in the past 5 years the growth was -0.13% per annum. “1” brokerage firms have recommended as a “Hold”.
During last one month it showed the change of 7.00%. Douglas J Alexander Jr retains 225,148 shares in the stock after this transaction.
The Coca-Cola Company has announced that it fully replenished the water it uses globally that it takes to make billions of its juices, purified water and soft drinks. The company’s 50-day moving average is $44.07 and its 200-day moving average is $44.80.
Under the distribution agreement, Coca-Cola Bottling will gain the exclusive rights to distribute Coca-Cola brand beverages, as well as certain other non-Coca-Cola brands that are now distributed in these territories by Coca-Cola Refreshments.