Cott Corporation (COT) Receives Analyst Rating

Cott Corporation (COT) : 2 brokerage houses believe that Cott Corporation (COT) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Cott Corporation (COT). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 3 Wall Street Analysts endorse the stock as a Buy with a rating of 1.67.

Cott Corporation (COT) : 3 investment research analysts covering Cott Corporation (COT) have an average price target of $18.17 for the near short term. The highest target price given by the Brokerage Firm to the stock is $19 and the lowest target is $18 for the short term. Analysts expect the variance to be within $0.76 of the average price.


Also, Jefferies maintains its rating on Cott Corporation (NYSE:COT). The global brokerage major raises the current price target from $15.5 per share to $17.5 per share. Analysts at the Jefferies have a current rating of Hold on the shares. The rating by the firm was issued on August 19, 2016.

Cott Corporation (NYSE:COT): After opening at $14.74, the stock dipped to an intraday low of $14.71 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $15.22 and the buying power remained strong till the end. The stock closed at $15.21 for the day, a gain of 3.19% for the day session. The total traded volume was 511,851. The stocks close on the previous trading day was $14.74.

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.

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