The Coca-Cola Co (NYSE:KO) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 4, 2016
Having a price of $42.03, The Coca-Cola Co (NYSE:KO) traded -0.05% lower on the day. With the last stock price down -5.76% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. KO has recorded a 50-day average of $43.06 and a two hundred day average of $44.58. Trade Volume was down over the average, with 5,407,534 shares of KO changing hands under the typical 11,272,100
Zacks Investment Research has downgraded The Coca-Cola Co (NYSE:KO) to Sell in a statement released on 10/04/2016.
Recent Performance Chart
The Coca-Cola Co has PE ratio of 24.17 with a one year low of $40.75 and a one year high of $47.13 and has a market capitalization of $0.
A total of 19 brokerages have released a report on The Coca-Cola Co. Five brokerages rating the company a strong buy, seven brokerages rating the company a buy, twelve brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $47.95.
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, such as restaurants and convenience stores.
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