Coca-Cola Company (The) (NYSE:KO) stock is expected to deviate a maximum of $4.6 from the average target price of $47.42 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $54 and the most muted being $40.
Shares of The Coca-Cola Company rose by 0.55% in the last five trading days and 2.19% for the last 4 weeks. The Coca-Cola Company has dropped 2.46% during the last 3-month period . Year-to-Date the stock performance stands at 7.16%.
Coca-Cola Company (The) (NYSE:KO) : 6 brokerage houses believe that Coca-Cola Company (The) (NYSE:KO) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Coca-Cola Company (The) (NYSE:KO). Zacks Investment Research suggests a Sell with a rank of 4. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 17 Wall Street Analysts endorse the stock as a Buy with a rating of 2.38.
Coca-Cola Company (The) (NYSE:KO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.52 and $44.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.33. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.33, notching a gain of 2.00% for the day. The total traded volume was 16,056,522 . The stock had closed at $44.44 on the previous day.
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.