Cott Corporation (NYSE:COT) : Zacks Investment Research ranks Cott Corporation (NYSE:COT) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.17, which indicates as a Buy.
Cott Corporation (NYSE:COT) : The consensus price target for Cott Corporation (NYSE:COT) is $16.3 for the short term with a standard deviation of $0.67. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $17, however, the pessimist price target for the company is $16.
For the current week, the company shares have a recommendation consensus of Buy. Also, JP Morgan assumes its view on Cott Corporation (NYSE:COT) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. JP Morgan announces the current price target of $17 per share on Cott Corporation. The rating by the firm was issued on June 9, 2016.
Cott Corporation (NYSE:COT): stock turned positive on Tuesday. Though the stock opened at $13.39, the bulls momentum made the stock top out at $14.22 level for the day. The stock recorded a low of $13.3813 and closed the trading day at $14.2, in the green by 7.17%. The total traded volume for the day was 1,616,257. The stock had closed at $13.25 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (President-US Business Unit) of Cott Corp /Cn/, Kitching Steven had sold 2,034 shares worth of $15,987 in a transaction dated February 19, 2015. In this transaction, 2,034 shares were sold at $7.86 per share.
Cott Corporation, together with its consolidated subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates in three segments: North America, United Kingdom and All Other. The Company is also engaged in home and office bottled water and office coffee services distribution in the United States. The Companys product lines include carbonated soft drinks (CSDs), 100% shelf stable juice and juice-based products, clear, still and sparkling flavored waters, energy drinks and shots, sports products, new age beverages, ready-to-drink teas and alcoholic beverages, beverage concentrates, liquid enhancers and freezables, as well as hot chocolate, coffee, malt drinks, creamers/whiteners and cereals. The Companys has approximately 62 beverage manufacturing, production, distribution and fruit processing facilities.