Zacks: Brokerages Set $24.00 Target Price for Embotelladora Andina SA ADR Series B (AKO.B)

Shares of Embotelladora Andina SA ADR Series B (NYSE:AKO.B) have earned a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating.

Analysts have set a 1-year consensus price objective of $24.00 for the company, according to Zacks. Zacks has also given Embotelladora Andina SA ADR Series B an industry rank of 216 out of 255 based on the ratings given to its competitors.

Separately, ValuEngine lowered shares of Embotelladora Andina SA ADR Series B from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 12th.



Shares of AKO.B stock traded down $0.70 during trading hours on Friday, reaching $20.90. 37,557 shares of the stock were exchanged, compared to its average volume of 28,168. Embotelladora Andina SA ADR Series B has a 12-month low of $19.63 and a 12-month high of $31.80. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 18.17 and a beta of -0.02.

Embotelladora Andina SA ADR Series B (NYSE:AKO.B) last released its earnings results on Tuesday, July 31st. The company reported $0.11 earnings per share for the quarter. The firm had revenue of $601.70 million for the quarter. Embotelladora Andina SA ADR Series B had a net margin of 6.81% and a return on equity of 15.11%. As a group, sell-side analysts forecast that Embotelladora Andina SA ADR Series B will post 1.24 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, October 19th. Shareholders of record on Friday, October 19th were paid a $0.135 dividend. The ex-dividend date was Thursday, October 18th. This represents a $0.54 annualized dividend and a yield of 2.58%. Embotelladora Andina SA ADR Series B’s dividend payout ratio is currently 46.96%.

Embotelladora Andina SA ADR Series B Company Profile

Embotelladora Andina SA engages in the production and distribution of Coca-Cola products. Its products are categorized through sparkling beverages, juice, water, sport drink, energy drink, and ice tea. The company was founded on February 7, 1946 and is headquartered in Santiago, Chile.

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