COCA COLA AMATI/ADR (OTCMKTS:CCLAY) Coverage Initiated at Jefferies Financial Group
Jefferies Financial Group assumed coverage on shares of COCA COLA AMATI/ADR (OTCMKTS:CCLAY) in a research report report published on Monday morning, The Fly reports. The brokerage issued a buy rating on the stock.
CCLAY has been the subject of several other reports. Macquarie upgraded COCA COLA AMATI/ADR from an underperform rating to a neutral rating in a report on Friday. ValuEngine upgraded COCA COLA AMATI/ADR from a sell rating to a hold rating in a report on Thursday, October 10th. Finally, Zacks Investment Research upgraded COCA COLA AMATI/ADR from a hold rating to a buy rating and set a $8.00 target price for the company in a report on Friday, November 8th. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. COCA COLA AMATI/ADR currently has a consensus rating of Hold and a consensus target price of $8.00.
OTCMKTS:CCLAY traded up $0.44 on Monday, hitting $7.83. 10,020 shares of the company’s stock traded hands, compared to its average volume of 15,367. The company has a market cap of $5.35 billion, a PE ratio of 19.10 and a beta of 0.65. The company has a current ratio of 1.53, a quick ratio of 1.12 and a debt-to-equity ratio of 1.24. COCA COLA AMATI/ADR has a 1 year low of $5.54 and a 1 year high of $7.86. The firm has a 50-day moving average price of $7.06 and a 200-day moving average price of $7.01.
COCA COLA AMATI/ADR Company Profile
Coca-Cola Amatil Limited, together with its subsidiaries, manufactures, distributes, and markets non-alcoholic and alcoholic ready-to-drink beverages in Australia, New Zealand, Fiji, Indonesia, Papua New Guinea, and Samoa. Its product range includes non-alcoholic sparkling beverages, spring water, sports and energy drinks, fruit juices, iced tea, flavored milk, coffee, tea, beer, cider, and spirits, as well as ready-to-eat fruit and vegetable snacks and products.
Recommended Story: Is the QQQ ETF safe?
Receive News & Ratings for COCA COLA AMATI/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for COCA COLA AMATI/ADR and related companies with MarketBeat.com's FREE daily email newsletter.