Vetr Inc. disclosed The Coca-Cola Co (NYSE:KO), boosting its price target to $46.56 earlier today
- Updated: October 16, 2016
Stating a potential upside of 0.12%, Vetr Inc. upped the target price of The Coca-Cola Co (NYSE:KO) to $46.56
Just yesterday The Coca-Cola Co (NYSE:KO) traded -0.22% lower at $41.54. The Coca-Cola Co’s 50-day moving average is $42.50 and its 200-day moving average is $44.35. The last stock price is down -6.05% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 9,893,840 shares of KO traded, down from an avg. volume of 11,432,000
With a total market value of $0, The Coca-Cola Co has price-earnings ratio of 23.98 with a one year low of $40.75 and a one year high of $47.13 .
A total of 19 analysts have released a research note on The Coca-Cola Co. Five equity analysts rating the company a strong buy, seven brokers rating the stock a buy, 12 firms rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokers rating the company a sell with a 12-month price target of $47.95.
More About 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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