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Vetr Inc. issued a report on The Coca-Cola Co (NYSE:KO), upping its target price to $46.50 today

Yesterday The Coca-Cola Co (NYSE:KO) traded 0.53% higher at $41.75. The company’s 50-day moving average is $41.80 and its 200-day moving average is $43.49. The last stock close price is down -4.00% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 19,424,412 shares of the stock were exchanged, up from an average trading volume of 12,937,400

The Coca-Cola Co (NYSE:KO) had its price target bumped up to $46.50 by Vetr Inc. in an issued report announced 11/28/2016. The bumped up price target suggests a potential upside of 0.11% from the company's last stock close price.

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The Coca-Cola Co (NYSE:KO)

The Coca-Cola Co has a 52 week low of $40.63 and a 52 week high of $47.13 with a P/E ratio of 25.32 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is $47.95 with 5 firms rating the stock a strong buy, 7 firms rating the stock a buy, 12 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

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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