Coca-Cola Company (The) (KO) : 5 brokerage houses believe that Coca-Cola Company (The) (KO) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Coca-Cola Company (The) (KO). Zacks Investment Research suggests a Hold with a rank of 3. 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 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.35.
Coca-Cola Company (The) (KO) : Currently there are 11 street experts covering Coca-Cola Company (The) (KO) stock. The most bullish and bearish price target for the stock is $52 and $40 respectively for the short term. The average price target of all the analysts comes to $47.18. The estimated standard deviation from the target is $4.42.
Also, In the latest statement by the brokerage house, Jefferies maintains its outlook on Coca-Cola Company (The) (NYSE:KO). The current rating of the shares is Hold, according to the research report released by the firm. The brokerage firm lowers the price target from $46 per share to $45 per share. The rating by the firm was issued on July 28, 2016.
Coca-Cola Company (The) (NYSE:KO): After opening at $42.01, the stock dipped to an intraday low of $41.88 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $42.39 and the buying power remained strong till the end. The stock closed at $42.36 for the day, a gain of 0.59% for the day session. The total traded volume was 10,244,620. The stocks close on the previous trading day was $42.11.
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.