The stock had previously closed at $207.42. During the same period in the previous year, the company earned $0.96 earnings per share. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
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A number of analysts recently commented on the stock. Finally, Cowen and Company raised their target price on shares of Coca-Cola from $37.00 to $39.00 and gave the stock a “market perform” rating in a report on Monday. Barclays raised their price target on Coca-Cola Enterprises from $48.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st.
JP Morgan today set a price target of 1550.00 on the companies shares. It truly is a bottler of the brands of The Coca-Cola Company.
Out of 8 analysts covering Coca-Cola HBC (LON:CCH), 0 rate it “Buy”, 2 “Sell”, while 6 “Hold”. The heightened volatility saw the trading volume jump to 2,143,939 shares. The firm’s 50-day moving average is $199.53 and its 200 day moving average is $155.92. In the near term, the target price could hit a high of $60 and a low of $ 33. Coca-Cola has a 52-week low of $36.56 and a 52-week high of $45.00. 7 analysts have added the shares in their list of strong buys. Earlier, the shares were rated a Underperform by the brokerage firm. The firm’s revenue for the quarter was down 4.6% compared to the same quarter a year ago. Analysts predict that Coca-Cola will post $1.99 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Friday, November 20th will be given a dividend of $0.28 per share.
Coca-Cola (NYSE:KO) EVP Quinto Marcos De sold 117,072 shares of the stock in a transaction dated Thursday, October 29th. This represents a $1.32 dividend on an annualized basis and a yield of 3.15%. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a variety of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. The Business serves a market of roughly 170 million consumers throughout Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. The Firm holds Still Beverage Agreements, under which it distributes and promotes in specific regions of the Legacy Territories still beverages of The Coca-Cola Company, including POWERade, vitaminwater and Minute Maid Juices To Go, and creates, distributes and markets Dasani water products.
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Coca Cola HBC AG is a Switzerland-based company engaged in the production, sales and distribution of non-alcoholic ready to drink beverages, under franchise from The Coca-Cola Company. The Organization purchases syrups from TCCC and other licensors to fabricate products and concentrates.
