Susquehanna Bancshares Inc Analysts Give Coca-Cola Company (The) (NYSE:KO) a $41.00 Price Target

[ad_1]

Coca-Cola Company (The) logoSusquehanna Bancshares Inc set a $41.00 value goal on Coca-Cola Company (The) (NYSE:KO) in a badysis notice revealed on Wednesday, October 25th. The agency at present has a maintain ranking on the inventory.

Other badysis badysts have additionally not too long ago issued studies in regards to the firm. UBS AG raised their value goal on Coca-Cola Company (The) from $49.00 to $51.00 and gave the corporate a purchase ranking in a badysis notice on Thursday, July 27th. Sanford C. Bernstein set a $49.00 value goal on Coca-Cola Company (The) and gave the corporate a purchase ranking in a badysis notice on Tuesday, July 11th. Credit Suisse Group reissued a purchase ranking and issued a $49.00 goal value on shares of Coca-Cola Company (The) in a badysis notice on Monday, July 24th. Zacks Investment Research raised Coca-Cola Company (The) from a maintain ranking to a purchase ranking and set a $51.00 goal value on the inventory in a badysis notice on Friday, July 28th. Finally, Royal Bank of Canada reissued a purchase ranking and issued a $49.00 goal value on shares of Coca-Cola Company (The) in a badysis notice on Wednesday, August 2nd. Two funding badysts have rated the inventory with a promote ranking, seventeen have issued a maintain ranking and eight have issued a purchase ranking to the corporate’s inventory. Coca-Cola Company (The) has a median ranking of Hold and a consensus value goal of $47.16.

Shares of Coca-Cola Company (NYSE:KO) opened at $46.54 on Wednesday. The inventory has a market capitalization of $198,291.45, a price-to-earnings ratio of 24.62, a P/E/G ratio of three.94 and a beta of zero.70. The firm has a debt-to-equity ratio of 1.47, a present ratio of 1.39 and a fast ratio of 1.30. Coca-Cola Company has a 12-month low of $39.88 and a 12-month excessive of $46.98.

Coca-Cola Company (The) (NYSE:KO) final launched its earnings outcomes on Wednesday, October 25th. The firm reported $zero.50 EPS for the quarter, beating the Zacks’ consensus estimate of $zero.49 by $zero.01. The enterprise had income of $9.08 billion for the quarter, in comparison with badysts’ expectations of $eight.73 billion. Coca-Cola Company (The) had a return on fairness of 36.21% and a web margin of 12.20%. The agency’s income was down 14.6% on a year-over-year foundation. During the identical quarter within the prior yr, the agency earned $zero.49 earnings per share. badysts count on that Coca-Cola Company will put up 1.9 EPS for the present fiscal yr.

ILLEGAL ACTIVITY NOTICE: “Susquehanna Bancshares Inc Analysts Give Coca-Cola Company (The) (NYSE:KO) a $41.00 Price Target” was revealed by The Ledger Gazette and is owned by of The Ledger Gazette. If you might be studying this information story on one other area, it was copied illegally and republished in violation of US & worldwide copyright and trademark regulation. The appropriate model of this information story could be seen at https://ledgergazette.com/2017/11/12/coca-cola-company-the-ko-pt-set-at-41-00-by-susquehanna-bancshares-inc.html.

The enterprise additionally not too long ago declared a quarterly dividend, which might be paid on Friday, December 15th. Shareholders of report on Friday, December 1st might be paid a $zero.37 dividend. This represents a $1.48 annualized dividend and a yield of three.18%. The ex-dividend date is Thursday, November 30th. Coca-Cola Company (The)’s payout ratio is at present 140.95%.

In different information, insider Brian John Smith bought 100,00zero shares of the corporate’s inventory in a transaction dated Wednesday, August 16th. The shares had been bought at a median value of $46.10, for a complete transaction of $four,610,00zero.00. Following the sale, the insider now immediately owns 136,385 shares within the firm, valued at roughly $6,287,348.50. The sale was disclosed in a submitting with the Securities & Exchange Commission, which could be accessed via this hyperlink. Also, insider J Alexander Douglas, Jr. bought 338,009 shares of the corporate’s inventory in a transaction dated Wednesday, November eighth. The shares had been bought at a median value of $46.09, for a complete transaction of $15,578,834.81. Following the sale, the insider now owns 320,013 shares within the firm, valued at $14,749,399.17. The disclosure for this sale could be discovered right here. 1.51% of the inventory is owned by insiders.

A variety of giant buyers have not too long ago modified their holdings of the inventory. Signature Estate & Investment Advisors LLC grew its stake in Coca-Cola Company (The) by 5.zero% within the 1st quarter. Signature Estate & Investment Advisors LLC now owns 2,725 shares of the corporate’s inventory value $116,00zero after buying a further 129 shares within the final quarter. Meeder Asset Management Inc. grew its stake in Coca-Cola Company (The) by 59.four% within the 2nd quarter. Meeder Asset Management Inc. now owns 2,754 shares of the corporate’s inventory value $124,00zero after buying a further 1,026 shares within the final quarter. Veritas Investment Management LLP purchased a brand new place in Coca-Cola Company (The) within the third quarter value about $135,00zero. Spectrum Management Group Inc. purchased a brand new place in Coca-Cola Company (The) within the third quarter value about $137,00zero. Finally, Eagle Ridge Investment Management purchased a brand new place in Coca-Cola Company (The) within the 2nd quarter value about $138,00zero. Institutional buyers personal 64.79% of the corporate’s inventory.

About Coca-Cola Company (The)

The Coca-Cola Company is a beverage firm. The Company owns or licenses and markets non-alcoholic beverage manufacturers, primarily glowing drinks and a variety of nonetheless drinks, reminiscent of waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports activities drinks, dairy and vitality drinks.

Analyst Recommendations for Coca-Cola Company (The) (NYSE:KO)

Receive News & Ratings for Coca-Cola Company (The) Daily – Enter your electronic mail handle beneath to obtain a concise day by day abstract of the newest information and badysts’ scores for Coca-Cola Company (The) and badociated firms with MarketBeat.com’s FREE day by day electronic mail publication.

[ad_2]
Source hyperlink

Leave a Reply

Your email address will not be published.