Cott Corporation (COT) : 2 brokerage houses believe that Cott Corporation (COT) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Cott Corporation (COT). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 4 Wall Street Analysts endorse the stock as a Buy with a rating of 1.75.
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.
For the current week, the company shares have a recommendation consensus of Buy. Also, Jefferies maintains their rating on the shares of Cott Corporation (NYSE:COT). The current rating of the shares is Hold. Equity Analysts at the Firm raises the price target to $17.5 per share from $15.5 per share. The rating by the firm was issued on August 19, 2016.
Cott Corporation (NYSE:COT): stock was range-bound between the intraday low of $15.76 and the intraday high of $16.29 after having opened at $16.27 on Wednesdays session. The stock finally closed in the red at $16.27, a loss of -2.65%. The stock remained in the red for the whole trading day. The total traded volume was 421,282 shares. The stock failed to cross $16.29 in Wednesdays trading. The stocks closing price on Thursday was $16.21.
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.