Susquehanna Bancshares set a $45.00 target price on The Coca-Cola (NYSE:KO) in a report released on Monday. The brokerage currently has a hold rating on the stock.

Several other research firms also recently commented on KO. Goldman Sachs Group set a $45.00 price objective on The Coca-Cola and gave the company a sell rating in a research note on Wednesday, November 15th. JPMorgan Chase & Co. set a $49.00 price objective on The Coca-Cola and gave the company a neutral rating in a research note on Thursday, November 16th. Wells Fargo & Co raised The Coca-Cola from a market perform rating to an outperform rating and increased their price objective for the company from $46.72 to $51.00 in a research note on Tuesday, November 14th. Royal Bank of Canada set a $49.00 price objective on The Coca-Cola and gave the company a buy rating in a research note on Sunday, November 12th. Finally, Zacks Investment Research upgraded The Coca-Cola from a hold rating to a buy rating and set a $52.00 target price for the company in a report on Friday, October 27th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of Hold and an average price target of $49.01.

The Coca-Cola (NYSE KO) opened at $44.10 on Monday. The Coca-Cola has a 52 week low of $40.40 and a 52 week high of $48.62. The company has a quick ratio of 1.30, a current ratio of 1.39 and a debt-to-equity ratio of 1.47. The company has a market capitalization of $188,278.88, a price-to-earnings ratio of 23.38, a P/E/G ratio of 3.56 and a beta of 0.70.

In related news, insider Ed Hays sold 84,400 shares of the stock in a transaction dated Tuesday, January 23rd. The stock was sold at an average price of $47.50, for a total transaction of $4,009,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert Edward Long sold 15,000 shares of the stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $47.95, for a total value of $719,250.00. Following the transaction, the insider now directly owns 24,673 shares in the company, valued at approximately $1,183,070.35. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 122,640 shares of company stock valued at $5,800,776. Company insiders own 1.51% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of KO. Tufton Capital Management raised its position in The Coca-Cola by 3.4% in the 2nd quarter. Tufton Capital Management now owns 84,434 shares of the company’s stock valued at $3,787,000 after purchasing an additional 2,790 shares in the last quarter. Kistler Tiffany Companies LLC raised its position in The Coca-Cola by 1.1% in the 2nd quarter. Kistler Tiffany Companies LLC now owns 26,668 shares of the company’s stock valued at $1,196,000 after purchasing an additional 288 shares in the last quarter. Daiwa Securities Group Inc. raised its position in The Coca-Cola by 1.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 184,460 shares of the company’s stock valued at $8,273,000 after purchasing an additional 3,150 shares in the last quarter. Busey Trust CO raised its position in The Coca-Cola by 11.0% in the 2nd quarter. Busey Trust CO now owns 22,960 shares of the company’s stock valued at $1,029,000 after purchasing an additional 2,281 shares in the last quarter. Finally, Benedict Financial Advisors Inc. raised its position in The Coca-Cola by 0.6% in the 2nd quarter. Benedict Financial Advisors Inc. now owns 92,887 shares of the company’s stock valued at $4,183,000 after purchasing an additional 511 shares in the last quarter. 65.34% of the stock is currently owned by hedge funds and other institutional investors.

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The Coca-Cola Company Profile

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.

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

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