COCA COLA AMATI/ADR (OTCMKTS:CCLAY) Receives Consensus Recommendation 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 currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company.
A number of analysts recently issued reports on the company. Macquarie downgraded COCA COLA AMATI/ADR from a “neutral” rating to an “underperform” rating in a research report on Wednesday, May 8th. Credit Suisse Group cut COCA COLA AMATI/ADR from an “outperform” rating to a “neutral” rating in a report on Thursday, June 20th. Zacks Investment Research upgraded COCA COLA AMATI/ADR from a “sell” rating to a “hold” rating in a report on Monday, April 22nd. Finally, Goldman Sachs Group cut COCA COLA AMATI/ADR from a “neutral” rating to a “sell” rating in a report on Thursday, July 4th.
Shares of CCLAY traded up $0.13 during midday trading on Thursday, reaching $7.08. The company had a trading volume of 6,992 shares, compared to its average volume of 32,501. COCA COLA AMATI/ADR has a 1-year low of $5.54 and a 1-year high of $7.58. The company has a market capitalization of $5.13 billion, a PE ratio of 17.27 and a beta of 0.70. The business has a 50 day simple moving average of $7.16. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.33 and a current ratio of 1.71.
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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