Zacks Investment Research Upgrades Embotelladora Andina SA (AKO.B) to Buy
Embotelladora Andina SA (NYSE:AKO.B) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Tuesday. The firm currently has a $26.00 target price on the stock.
According to Zacks, “Embotelladora Andina S.A. produces and distributes Coca-Cola products in Chile, Brazil and Argentina. Through subsidiaries, they also produce PET packaging, produce and distribute juices and mineral water, and process and distribute agricultural products, including canned fruits and tomato products. “
Separately, TheStreet raised Embotelladora Andina SA from a “hold” rating to a “buy” rating in a research report on Tuesday, July 5th.
The business also recently disclosed a dividend, which will be paid on Friday, October 21st. Stockholders of record on Friday, October 21st will be given a dividend of $0.109 per share. The ex-dividend date of this dividend is Wednesday, October 19th.
About Embotelladora Andina SA
Embotelladora Andina SA (Andina) is a bottler of Coca-Cola trademark beverages in Latin America. The Company operates in four segments: Chile, Brazil, Argentina and Paraguay. It produces and distributes fruit juices, other fruit-flavored beverages and mineral and purified water in Chile, Argentina and Paraguay under trademarks owned by The Coca-Cola Company.
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