Cott Corporation (COT) : 6 analysts are covering Cott Corporation (COT) and their average rating on the stock is 2.17, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Cott Corporation (COT) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Cott Corporation (COT) : The consensus price target for Cott Corporation (COT) is $16.3 for the short term with a standard deviation of $0.67. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $17, however, the pessimist price target for the company is $16.
Cott Corporation (NYSE:COT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.02 and $13.94 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $14.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.30, notching a gain of 1.27% for the day. The total traded volume was 829,027 . The stock had closed at $14.12 on the previous day.
Also, Equity Analysts at the JP Morgan assumes the rating on Cott Corporation (NYSE:COT). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency announces the price target to $17 per share. The rating by the firm was issued on June 9, 2016. The company shares have rallied 41.34% from its 1 Year high price. On Jun 8, 2016, the shares registered one year high at $16.70 and the one year low was seen on Nov 13, 2015. The 50-Day Moving Average price is $14.92 and the 200 Day Moving Average price is recorded at $12.82.
Cott Corporation, together with its consolidated subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates in three segments: North America, United Kingdom and All Other. The Company is also engaged in home and office bottled water and office coffee services distribution in the United States. The Companys product lines include carbonated soft drinks (CSDs), 100% shelf stable juice and juice-based products, clear, still and sparkling flavored waters, energy drinks and shots, sports products, new age beverages, ready-to-drink teas and alcoholic beverages, beverage concentrates, liquid enhancers and freezables, as well as hot chocolate, coffee, malt drinks, creamers/whiteners and cereals. The Companys has approximately 62 beverage manufacturing, production, distribution and fruit processing facilities.