COCA COLA AMATI/ADR (CCLAY) Receives Average Rating of “Hold” from Analysts

COCA COLA AMATI/ADR (OTCMKTS:CCLAY) has been assigned an average rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company.

A number of brokerages have recently commented on CCLAY. Citigroup lowered shares of COCA COLA AMATI/ADR from a “neutral” rating to a “sell” rating in a research report on Wednesday, November 28th. Zacks Investment Research lowered shares of COCA COLA AMATI/ADR from a “buy” rating to a “hold” rating in a research report on Tuesday, October 23rd. Deutsche Bank raised shares of COCA COLA AMATI/ADR from a “sell” rating to a “hold” rating in a research report on Friday. UBS Group lowered shares of COCA COLA AMATI/ADR from a “neutral” rating to a “sell” rating in a research report on Thursday, August 23rd. Finally, Morgan Stanley raised shares of COCA COLA AMATI/ADR from an “underweight” rating to an “equal weight” rating in a research report on Thursday, August 23rd.

Shares of CCLAY opened at $6.37 on Friday. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of 14.81, a P/E/G ratio of 1.56 and a beta of 0.78. COCA COLA AMATI/ADR has a twelve month low of $6.14 and a twelve month high of $7.58.

About COCA COLA AMATI/ADR

Coca-Cola Amatil Limited, together with its subsidiaries, manufactures, distributes, and markets ready-to-drink beverages in Australia, New Zealand, Fiji, Indonesia, Papua New Guinea, and Samoa. It provides ready-to-drink alcohol and non-alcohol sparkling beverages, spring waters, sports and energy drinks, fruit juices, iced tea, flavored milk, coffee, tea, beer, cider, and spirits, as well as ready-to-eat fruit and vegetable snacks and products.

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Analyst Recommendations for COCA COLA AMATI/ADR (OTCMKTS:CCLAY)

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