Coca-Cola Company (The) (NYSE:KO)‘s stock had its “hold” rating reaffirmed by Jefferies Group LLC in a research report issued on Thursday. They currently have a $47.00 price objective on the stock. Jefferies Group LLC’s target price points to a potential upside of 1.51% from the company’s current price.

A number of other equities research analysts also recently weighed in on the company. Royal Bank Of Canada reaffirmed a “buy” rating and set a $49.00 price objective on shares of Coca-Cola Company (The) in a research report on Wednesday. Cowen and Company reaffirmed a “hold” rating and set a $42.00 price objective on shares of Coca-Cola Company (The) in a research report on Thursday, August 24th. Citigroup Inc. set a $53.00 price objective on Coca-Cola Company (The) and gave the company a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research downgraded Coca-Cola Company (The) from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, BidaskClub raised Coca-Cola Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $45.79.

Coca-Cola Company (KO) opened at 46.30 on Thursday. Coca-Cola Company has a 52-week low of $39.88 and a 52-week high of $46.42. The stock has a market cap of $197.48 billion, a price-to-earnings ratio of 48.89 and a beta of 0.71. The stock has a 50 day moving average price of $45.69 and a 200 day moving average price of $44.17.

Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings results on Wednesday, July 26th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. Coca-Cola Company (The) had a return on equity of 34.53% and a net margin of 10.68%. The business had revenue of $9.70 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter in the prior year, the company earned $0.60 EPS. The business’s revenue was down 15.9% compared to the same quarter last year. Analysts expect that Coca-Cola Company will post $1.90 EPS for the current fiscal year.

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In related news, SVP Beatriz R. Perez sold 10,000 shares of Coca-Cola Company (The) stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $46.00, for a total transaction of $460,000.00. Following the completion of the transaction, the senior vice president now directly owns 98,718 shares in the company, valued at $4,541,028. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Mark Randazza sold 24,156 shares of Coca-Cola Company (The) stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $46.01, for a total value of $1,111,417.56. Following the transaction, the insider now owns 26,567 shares of the company’s stock, valued at $1,222,347.67. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 396,117 shares of company stock valued at $18,197,793. Company insiders own 1.51% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the stock. Cambridge Advisors Inc. raised its position in Coca-Cola Company (The) by 0.3% during the second quarter. Cambridge Advisors Inc. now owns 8,137 shares of the company’s stock valued at $365,000 after acquiring an additional 26 shares in the last quarter. Alpha Windward LLC raised its position in Coca-Cola Company (The) by 0.4% during the second quarter. Alpha Windward LLC now owns 7,693 shares of the company’s stock valued at $345,000 after acquiring an additional 34 shares in the last quarter. Lyell Wealth Management LP raised its position in Coca-Cola Company (The) by 0.6% during the second quarter. Lyell Wealth Management LP now owns 7,950 shares of the company’s stock valued at $359,000 after acquiring an additional 50 shares in the last quarter. Regentatlantic Capital LLC raised its position in Coca-Cola Company (The) by 0.4% during the second quarter. Regentatlantic Capital LLC now owns 15,826 shares of the company’s stock valued at $710,000 after acquiring an additional 64 shares in the last quarter. Finally, Vigilant Capital Management LLC raised its position in Coca-Cola Company (The) by 1.9% during the second quarter. Vigilant Capital Management LLC now owns 3,593 shares of the company’s stock valued at $161,000 after acquiring an additional 68 shares in the last quarter. Institutional investors own 64.68% of the company’s stock.

Coca-Cola Company (The) Company Profile

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.

Analyst Recommendations for Coca-Cola Company (The) (NYSE:KO)

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