The Coca-Cola Company (NYSE:KO) target price increased to $44.00, reported today by Credit Suisse
- Updated: September 15, 2016
Credit Suisse raised the estimated target of The Coca-Cola Company (NYSE:KO) to $44, indicating a possible upside of 0.04%.
Only yesterday The Coca-Cola Company (NYSE:KO) traded 0.40% lower at $42.36. The company’s 50-day average is $43.52 and its 200-day moving average is $44.78. With the last stock price down 5.97% relative to the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the same period. Volume of trade was was down over the average, with 9,823,933 shares of KO changing hands under the typical 11,628,700 shares..
Recent Performance Graphic:
With a total market value of $0.0, The Coca-Cola Company has a price-earnings of 24 with a 52 week low of $38.51 and a 52 week high of $47.13.
A total of 19 brokerages have issued a report on The Coca-Cola Company. Five analysts rate the stock a strong buy, seven analysts rate the company a buy, 12 analyts rate the stock a hold, one analyst rate the stock to underperform, and finally 0 firmsrate the company as sell with a one year target of $47.95
Brief Synopsis About The Coca-Cola Company (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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