COCA COLA AMATI/ADR (OTCMKTS:CCLAY) was upgraded by Macquarie from an “underperform” rating to a “neutral” rating in a research note issued to investors on Friday, The Fly reports.
A number of other research firms have also recently commented on CCLAY. ValuEngine upgraded shares of COCA COLA AMATI/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th. Zacks Investment Research upgraded shares of COCA COLA AMATI/ADR from a “hold” rating to a “buy” rating and set a $8.00 target price on the stock in a research note on Friday, November 8th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $8.00.
Shares of OTCMKTS:CCLAY traded up $0.08 during midday trading on Friday, reaching $7.39. The company’s stock had a trading volume of 3,857 shares, compared to its average volume of 15,359. The firm has a 50 day moving average of $7.04 and a 200-day moving average of $6.99. COCA COLA AMATI/ADR has a 12-month low of $5.54 and a 12-month high of $7.67. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $5.29 billion, a P/E ratio of 18.02 and a beta of 0.65.
Coca-Cola Amatil Limited, together with its subsidiaries, manufactures, distributes, and markets non-alcoholic and alcoholic ready-to-drink beverages in Australia, New Zealand, Fiji, Indonesia, Papua New Guinea, and Samoa. Its product range includes non-alcoholic sparkling beverages, spring water, 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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