The stock finally closed in the red at $42.17, a loss of -0.52%. The company traded 7.66 million shares versus it average capacity of 11.53 million shares.
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The leading market professionals have retained a mean price target of $91.08 on Coca Cola Femsa S.A.B.de C.V. (NYSE:KOF) stock. Coca-Cola Enterprises Inc. has a 52 week low of $33.67 and a 52 week high of $54.54.
The Coca-Cola Company (NYSE:KO) [Trend Analysis] knocking active thrust in leading trading session, shares an increase of 0.57% to 42.34 with around 8.39 Million shares have changed hands in this session. The P/E is 16.16, combined with a forward P/E of 15.73. The insider owns 550,075 shares as of Aug 2, 2016, now worth $23158158.
The Company has received different ratings from analysts. Quarterly performance of the company shows declining momentum of -5.64% while its last one month trend is negative with -3.76%. Credit Suisse Group AG lowered their target price on shares of Coca Cola HBC AG from GBX 1,400 ($18.27) to GBX 1,350 ($17.62) and set a “neutral” rating for the company in a report on Thursday, August 25th. Investors should trade with caution and watch out for further signals.
Coca-Cola FEMSA SAB (NYSE:KOF) has been given a consensus rating of “Hold” by the nine ratings firms that are now covering the firm. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $90.33. KO has Average True Range for 14 days of 0.44.
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From the analyst’s perspective, there is a “magnitude of change now underway” in a larger picture for KO, from CCEP and CCBA deal closures, the CCEJ and CCW merger announcement, refranchising agreements amounting to 70% of CCR volume, plans to refranchise China come 2017, to “renegotiated economics” with FEMSA. The previous close of the stock was called at $55.38. For the next twelve months, the average of individual price target estimates submitted by covering sell-side analysts is $47.44. Its Price to Cash Flow ratio shows the value of 19.02, whereas, the industry and sector ratio of Price to Cash Flow ticked at 11.17 and 38.97 respectively. SocieteGenerale analysts lifted the stock to Hold from Sell. When a simplified formula is put to use where a one indicates a Strong Buy and a five indicates a Strong Sell, the stock is presently rated 2.22, based on the consensus. The rating firm gave a Hold rating to this stock in a research note on Feb 10, 2016. Stevens Capital Management LP now owns 37,002 shares of the company’s stock worth $1,321,000 after buying an additional 13,877 shares during the period. For the year to date it is 12.29%, so does a target price of 44.02 seem reasonable? Shares outstanding at the moment is 488.47, with the number of shares float at 160.56. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours.
