A statement released earlier today by Vetr Inc. about The Coca-Cola Co (NYSE:KO) bumps the target price to $46.93
- Updated: September 15, 2016
The Coca-Cola Co (NYSE:KO) had its price target bumped up to $47 by Vetr Inc. in an issued report announced Thursday September 15 2016. The latest target price indicates a possible upside of 0.11% based on the bussiness’ last stock close price.
On 9/15/2016, Credit Suisse released a statement for The Coca-Cola Co(NYSE:KO) bumped the target price from $0.00 to $44.00. At the time, this indicated a possible upside of 0.04%.
Just yesterday The Coca-Cola Co (NYSE:KO) traded 0.59% higher at $42.36. KO’s 50-day moving average is $43.49 and its 200-day moving average is $44.77. The last stock close is down 5.38% relative to the 200-day moving average, compared to the S&P 500 Index which has fallen -0.01% over the date range. Volume of trade was was down over the average, with 10,244,620 shares of KO changing hands under the typical 11,657,500 shares..
The Coca-Cola Co has a 52 week low of $38.51 and a one-year high of $47.13 with a price-earnings ratio of 24 and has a market capitalization of $0.0.
In addition to Vetr Inc. reporting it’s target price, a total of 19 analysts have issued a ratings update on the company. The consensus target is $47.95 with five analysts rating the stock a strong buy, seven analysts rating the stock a buy, 12 analyts rating the stock a hold, one firm rating the company to underperform, and finally 0 analystsrating the stock as sell.
General Company Details For The Coca-Cola Co (NYSE:KO)
The Coca-Cola Company is a beverage company. The Company owns or licenses and markets over 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. The Company’s segments include Eurasia and Africa, Europe, Latin America, North America, Asia Pacific, Bottling Investments and Corporate. It owns and markets a range of nonalcoholic sparkling beverage brands, including Coca-Cola, Diet Coke, Fanta and Sprite. It markets, manufactures and sells beverage concentrates, which are referred to as beverage bases, and syrups, including fountain syrups (concentrate business or concentrate operations), and finished sparkling and still beverages (finished product business or finished product operations). In the United States, it manufactures fountain syrups and sells them to fountain retailers, and such as restaurants and convenience stores.
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