Coca-Cola Company (The) (KO) : Zacks Investment Research ranks Coca-Cola Company (The) (KO) as 4, which is a Sell recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.43, which indicates as a Buy.
Coca-Cola Company (The) (KO) : Average target price received by Coca-Cola Company (The) (KO) is $47.18 with an expected standard deviation of $4.42. The most aggressive target on the stock is $52, whereas the most downbeat target is $40. 11 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. 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 $43.72 and $43.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.75, notching a gain of 0.32% for the day. The total traded volume was 11,303,281 . The stock had closed at $43.61 on the previous day.
In a related news,The officer (Executive Vice President) of Coca Cola Co, Douglas J Alexander Jr sold 572,748 shares at $45.25 on June 20, 2016. The Insider selling transaction had a total value worth of $25,916,847. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.