Cott Corporation (COT) has risen sharply, recording gains of 7.43% in the past 4 weeks. However, the stock has corrected -5.2% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.66% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.29% and the fifty day Moving Average is 5.53%. Cott Corporation is up 11.33% in the last three month period. Year-to-Date the stock performance stands at 47.78%.
Cott Corporation (COT) : The highest level Cott Corporation (COT) is projected to reach is $19 for the short term and the lowest estimate is at $16. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $17.63 and the possibility the share price can swing is $1.25.
Cott Corporation (NYSE:COT): stock turned positive on Friday. Though the stock opened at $16.08, the bulls momentum made the stock top out at $16.25 level for the day. The stock recorded a low of $15.901 and closed the trading day at $16.04, in the green by 0.12%. The total traded volume for the day was 426,714. The stock had closed at $16.02 in the previous days trading.
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.