Brokerage Firm Rating Update on Coca-Cola Company (The) (KO)

Coca-Cola Company (The) (KO) : The consensus on Coca-Cola Company (The) (KO) based on 13 analyst recommendation on the company stock is 2.35, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Coca-Cola Company (The) (KO).

Coca-Cola Company (The) (KO) : Average target price received by Coca-Cola Company (The) (KO) is $47.18 with an expected standard deviation of $4.42. The most aggressive target on the stock is $52, whereas the most downbeat target is $40. 11 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, Jefferies, maintains their rating on the shares of Coca-Cola Company (The) (NYSE:KO). Jefferies has a Hold rating on the shares. As per the latest research report, the brokerage house lowers the price target to $45 per share from a prior target of $46. The rating by the firm was issued on July 28, 2016.

Coca-Cola Company (The) (NYSE:KO): stock was range-bound between the intraday low of $43.53 and the intraday high of $43.8 after having opened at $43.72 on Wednesdays session. The stock finally closed in the red at $43.72, a loss of -0.34%. The stock remained in the red for the whole trading day. The total traded volume was 8,656,580 shares. The stock failed to cross $43.8 in Wednesdays trading. The stocks closing price on Thursday was $43.79.

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 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. It owns and markets a range of nonalcoholic sparkling beverage brands, such as Coca-Cola, Diet Coke, Fanta and Sprite. The Company makes its beverage products available to consumers throughout the world through its network of Company-owned or controlled bottling and distribution operations, as well as independent bottling partners, distributors, wholesalers and retailers. The Companys segments include Eurasia and Africa, Europe, Latin America, North America, Asia Pacific, Bottling Investments and Corporate.

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