Credit Suisse Group AG initiated coverage on shares of Cott Corp. (NYSE:COT) (TSE:BCB) in a report published on Monday morning. The brokerage issued an outperform rating and a $19.00 price objective on the stock.

Other equities analysts also recently issued research reports about the stock. Deutsche Bank AG raised their price objective on shares of Cott Corp. from $16.00 to $19.00 and gave the stock a buy rating in a report on Friday, August 5th. Canaccord Genuity restated 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 upgraded shares of Cott Corp. from a hold rating to a buy rating in a research note on Thursday, August 4th. Jefferies Group raised their target price on shares of Cott Corp. from $15.50 to $17.50 and gave the stock a hold rating in a research note on Friday, August 19th. Finally, TheStreet cut shares of Cott Corp. from a buy rating to a hold rating in a research note on Monday, October 3rd. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $18.20.

Analyst Recommendations for Cott Corp. (NYSE:COT)

Cott Corp. (NYSE:COT) traded down 0.17% during trading on Monday, reaching $11.95. 21,333 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $13.47 and its 200-day moving average is $14.70. Cott Corp. has a 12-month low of $9.07 and a 12-month high of $17.38. The company has a market cap of $1.65 billion, a P/E ratio of 314.47 and a beta of 0.70.

Cott Corp. (NYSE:COT) last posted its quarterly earnings data on Thursday, November 10th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The company had revenue of $885.10 million for the quarter, compared to the consensus estimate of $873.94 million. Cott Corp. had a negative net margin of 0.09% and a positive return on equity of 4.41%. The firm’s revenue was up 17.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 earnings per share. Analysts predict that Cott Corp. will post $0.23 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 8th. Shareholders of record on Monday, November 28th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 2.01%. The ex-dividend date of this dividend is Wednesday, November 23rd. Cott Corp.’s payout ratio is -600.00%.

A number of hedge funds and other institutional investors have recently bought and sold shares of COT. Investors Asset Management of Georgia Inc. GA ADV raised its position in Cott Corp. by 0.6% in the second quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 35,340 shares of the company’s stock valued at $493,000 after buying an additional 200 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Cott Corp. by 4.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 10,514 shares of the company’s stock worth $147,000 after buying an additional 450 shares in the last quarter. Hanseatic Management Services Inc. raised its stake in shares of Cott Corp. by 0.7% in the second quarter. Hanseatic Management Services Inc. now owns 71,530 shares of the company’s stock worth $999,000 after buying an additional 510 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Cott Corp. by 0.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 83,942 shares of the company’s stock worth $1,192,000 after buying an additional 510 shares in the last quarter. Finally, Great West Life Assurance Co. Can raised its stake in shares of Cott Corp. by 4.5% in the third quarter. Great West Life Assurance Co. Can now owns 23,347 shares of the company’s stock worth $332,000 after buying an additional 999 shares in the last quarter.

Cott Corp. Company Profile

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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