Coca-Cola Company (The) (KO) Receives Price Target

Coca-Cola Company (The) (KO) : The highest short term price target forecast on Coca-Cola Company (The) (KO) is $52 and the lowest target price is $40. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $47.18 with a standard deviation of $4.42.

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 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 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.35.


Also, Equity analysts at the Brokerage firm Jefferies maintains its rating on Coca-Cola Company (The) (NYSE:KO). The rating major has initiated the coverage with hold rating on the shares. The Analysts at Jefferies 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): The stock opened at $43.21 on Thursday but the bulls could not build on the opening and the stock topped out at $43.41 for the day. The stock traded down to $43.20 during the day, due to lack of any buying support eventually closed down at $43.35 with a loss of -0.18% for the day. The stock had closed at $43.43 on the previous day. The total traded volume was 8,457,766 shares.

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.

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