Price Target Update on Coca-Cola Company (The) (NYSE:KO)

Coca-Cola Company (The) (NYSE:KO) : The highest level Coca-Cola Company (The) (NYSE:KO) is projected to reach is $54 for the short term and the lowest estimate is at $40. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $47.42 and the possibility the share price can swing is $4.6.

Other Equity analysts have also commented on the company shares. Major Brokerage house, Susquehanna maintains its ratings on Coca-Cola Company (The) (NYSE:KO). In the latest research report, Susquehanna lowers the target price from $40 per share to $39 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on March 15, 2016.

Coca-Cola Company (The) (NYSE:KO): stock turned positive on Thursday. Though the stock opened at $45.03, the bulls momentum made the stock top out at $45.17 level for the day. The stock recorded a low of $44.84 and closed the trading day at $45.08, in the green by 0.49%. The total traded volume for the day was 9,655,345. The stock had closed at $44.86 in the previous days trading.

The company shares have rallied 12.09% from its 1 Year high price. On Apr 11, 2016, the shares registered one year high at $47.13 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $45.02 and the 200 Day Moving Average price is recorded at $44.21. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Vice President, Controller) of Coca Cola Co, Mark Larry M had sold 28,000 shares worth of $1,246,560 in a transaction dated April 25, 2016. In this transaction, 28,000 shares were sold at $44.52 per share.

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands, such as Coca-Cola, Diet Coke, Fanta and Sprite. The Company makes its beverage products available to consumers throughout the world through its network of Company-owned or controlled bottling and distribution operations, as well as independent bottling partners, distributors, wholesalers and retailers. The Companys segments include Eurasia and Africa, Europe, Latin America, North America, Asia Pacific, Bottling Investments and Corporate.

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