Coca-Cola Amatil Ltd. (CCLAY) Stock Rating Lowered by Zacks Investment Research
Coca-Cola Amatil Ltd. (OTCMKTS:CCLAY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Wednesday.
According to Zacks, “Coca-Cola Amatil limited’s principal activity is the manufacture, distribution and marketing of non-alcoholic ready to drink beverages which include carbonated and non carbonated drinks which include mineral and bottled waters, ready-to-drink coffee and tea, juices/nectar, sport drinks, fruit still drinks, energy drinks, other ready-to-drink beverages and flavoured milk drinks. Major brands include Coca-Cola, diet Coke, Coca-Cola Light, Fanta, Sprite, Lift, Lift Plus, POWERaDE, Mount Franklin, Fruitopia, pump, L&P, Deep Spring, Schweppes, Qoo, Kin Cider, and Nescafe. “
Several other equities analysts also recently issued reports on CCLAY. Macquarie raised shares of Coca-Cola Amatil from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 23rd. Goldman Sachs Group Inc downgraded shares of Coca-Cola Amatil from a “neutral” rating to a “sell” rating in a research note on Wednesday, May 17th.
Shares of Coca-Cola Amatil (OTCMKTS CCLAY) opened at 6.43 on Wednesday. Coca-Cola Amatil has a 12 month low of $6.37 and a 12 month high of $8.35. The firm’s 50 day moving average is $6.72 and its 200 day moving average is $7.24.
COPYRIGHT VIOLATION NOTICE: “Coca-Cola Amatil Ltd. (CCLAY) Stock Rating Lowered by Zacks Investment Research” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/09/01/coca-cola-amatil-ltd-cclay-stock-rating-lowered-by-zacks-investment-research.html.
Coca-Cola Amatil Company Profile
Coca-Cola Amatil Limited (CCA) manufactures, distributes and sells ready-to-drink beverages in the Asia-Pacific region. The Company’s segments include Non-Alcohol Beverages; Alcohol & Coffee Beverages, and Corporate, Food & Services. The Company manufactures Coca-Cola products in approximately six countries in which it operates.
Receive News & Stock Ratings for Coca-Cola Amatil Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola Amatil Ltd. and related stocks with our FREE daily email newsletter.