Zacks: Brokerages Set $32.00 Price Target for Embotelladora Andina SA (AKO.B)
Shares of Embotelladora Andina SA (NYSE:AKO.B) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokers have set a twelve-month consensus price target of $32.00 for the company and are anticipating that the company will post $0.39 EPS for the current quarter, according to Zacks. Zacks has also assigned Embotelladora Andina an industry rank of 225 out of 265 based on the ratings given to its competitors.
Several research analysts have commented on AKO.B shares. Morgan Stanley reissued an “underweight” rating and issued a $25.00 price target on shares of Embotelladora Andina in a report on Thursday, September 14th. Zacks Investment Research raised shares of Embotelladora Andina from a “sell” rating to a “hold” rating in a report on Tuesday, December 5th.
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About Embotelladora Andina
Embotelladora Andina SA (Andina) is a bottler of Coca-Cola trademark beverages in Latin America. The Company operates in four segments: Chile, Brazil, Argentina and Paraguay. It produces and distributes fruit juices, other fruit-flavored beverages and mineral and purified water in Chile, Argentina and Paraguay under trademarks owned by The Coca-Cola Company.
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