COCA COLA AMATI/ADR (OTCMKTS:CCLAY) was upgraded by stock analysts at Credit Suisse Group from an “underperform” rating to a “neutral” rating in a research report issued on Monday, The Fly reports.
CCLAY has been the subject of several other research reports. Macquarie upgraded COCA COLA AMATI/ADR from an “underperform” rating to a “neutral” rating in a research report on Friday. Zacks Investment Research upgraded COCA COLA AMATI/ADR from a “hold” rating to a “buy” rating and set a $8.00 price objective for the company in a research report on Friday, November 8th. ValuEngine upgraded COCA COLA AMATI/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, October 10th. Finally, Jefferies Financial Group started coverage on COCA COLA AMATI/ADR in a research report on Monday. They issued a “buy” rating for the company. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. COCA COLA AMATI/ADR presently has an average rating of “Hold” and a consensus target price of $8.00.
Shares of CCLAY opened at $7.39 on Monday. The stock has a fifty day moving average price of $7.04 and a two-hundred day moving average price of $6.99. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.12 and a current ratio of 1.53. COCA COLA AMATI/ADR has a 52-week low of $5.54 and a 52-week high of $7.67. The company has a market cap of $5.29 billion, a price-to-earnings 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.
Featured Article: How to Invest in the Dividend Aristocrat Index
Receive News & Ratings for COCA COLA AMATI/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COCA COLA AMATI/ADR and related companies with MarketBeat.com's FREE daily email newsletter.