Shares of Cott Corp. (NYSE:COT) (TSE:BCB) have earned a consensus recommendation of “Buy” from the twelve research firms that are presently covering the stock. Five analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $18.44.

COT has been the subject of several research analyst reports. Deutsche Bank AG raised their target price on shares of Cott Corp. from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Friday, August 5th. Canaccord Genuity reaffirmed a “buy” rating and set a $23.00 target price on shares of Cott Corp. in a research note on Friday, August 5th. Stifel Nicolaus raised shares of Cott Corp. from a “hold” rating to a “buy” rating in a research note on Thursday, August 4th. Credit Suisse Group AG set a $19.00 target price on shares of Cott Corp. and gave the company a “buy” rating in a research note on Friday, August 5th. Finally, Jefferies Group reaffirmed a “hold” rating on shares of Cott Corp. in a research note on Wednesday, August 10th.

In other news, Director Eric Rosenfeld sold 19,582 shares of the firm’s stock in a transaction dated Thursday, August 18th. The shares were sold at an average price of $17.07, for a total value of $334,264.74. Following the completion of the sale, the director now owns 390,065 shares in the company, valued at approximately $6,658,409.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.19% of the stock is currently owned by insiders.

Several large investors have recently added to or reduced their stakes in COT. PCJ Investment Counsel Ltd. raised its stake in shares of Cott Corp. by 8.8% in the third quarter. PCJ Investment Counsel Ltd. now owns 2,776,147 shares of the company’s stock worth $39,464,000 after buying an additional 224,984 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Cott Corp. by 1.9% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 16,483,755 shares of the company’s stock worth $234,165,000 after buying an additional 311,040 shares during the last quarter. 1832 Asset Management L.P. raised its stake in shares of Cott Corp. by 53.6% in the third quarter. 1832 Asset Management L.P. now owns 1,486,210 shares of the company’s stock worth $21,178,000 after buying an additional 518,367 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Cott Corp. by 71.0% in the third quarter. Jane Street Group LLC now owns 17,944 shares of the company’s stock worth $256,000 after buying an additional 7,450 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Cott Corp. during the third quarter worth $7,285,000.

Cott Corp. (NYSE:COT) opened at 12.33 on Friday. The stock’s 50 day moving average is $13.68 and its 200 day moving average is $14.72. Cott Corp. has a 52 week low of $9.07 and a 52 week high of $17.38. The company has a market capitalization of $1.70 billion, a P/E ratio of 324.47 and a beta of 0.70.

Cott Corp. (NYSE:COT) last posted its earnings results on Thursday, November 10th. The company reported $0.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.02. The company earned $885.10 million during the quarter, compared to analysts’ expectations of $873.94 million. Cott Corp. had a negative net margin of 0.09% and a positive return on equity of 4.41%. Cott Corp.’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period last year, the company posted $0.09 earnings per share. On average, equities research analysts expect that Cott Corp. will post $0.23 earnings per share for the current year.

About Cott Corp.

Cott Corporation, along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through four segments: DSS; Cott North America; Cott United Kingdom (Cott U.K.), and All Other, which includes its Mexico segment, Royal Crown International (RCI) segment and other miscellaneous expenses.

5 Day Chart for NYSE:COT

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