Credit Suisse disclosed Coca-Cola (NYSE:KO), bumping its price target to $44.00 today
- Updated: September 16, 2016
Yesterday Coca-Cola (NYSE:KO) traded 0.59% higher at $42.36. The company’s 50-day average is $43.49 and its two hundred day moving average is $44.77. With the last close down 5.38% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. Trade volume was was down over the average, with 10,244,620 shares of KO changing hands under the typical 11,657,500 shares..
Coca-Cola (NYSE:KO) had its price target raised to $44 by Credit Suisse in a report announced 9/16/2016. The increased target price suggests a potential upside of 0.04% based on the bussiness’ previous stock close price.
Previously on 9/15/2016, Credit Suisse reported about Coca-Cola(NYSE:KO) upped the target price from $0.00 to $44.00. At the time, this suggested an upside of 0.04%.
Also covering Coca-Cola’s price target, a total of 19 equity analysts have reported on Coca-Cola. The consensus target is $47.95 with five analysts rating the stock a strong buy, seven analysts rating the stock a buy, 12 analysts rating the stock a hold, one brokerage rating the company to underperform, and finally 0 analysts rating the stock as sell.
Coca-Cola has a PE of 24 with a one-year low of $38.51 and a one-year high of $47.13 and has a market cap of $0.0.
General Information About Coca-Cola (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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