Cott Corp. (TSE:PRM) Given Average Recommendation of “Buy” by Analysts

Shares of Cott Corp. (TSE:PRM) have been given a consensus recommendation of “Buy” by the six research firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a strong buy rating to the company.

Several research firms have issued reports on PRM. The Goldman Sachs Group upgraded Cott to a “hold” rating in a research note on Thursday, September 11th. Jefferies Financial Group upgraded Cott to a “hold” rating in a research note on Friday, October 17th.

Cott Stock Performance

Shares of PRM stock opened at C$14.00 on Monday. Cott has a 52-week low of C$10.35 and a 52-week high of C$14.16. The stock has a market cap of C$17.02 million, a price-to-earnings ratio of -7.18 and a beta of -0.34. The firm’s 50-day moving average is C$13.19 and its 200-day moving average is C$12.13.

Cott Company Profile

The investment objectives for the Preferred shares are to provide their holders with fixed cumulative preferential quarterly cash distributions in the amount of $0.125 per Preferred share. Fund will invest in an initially equally-weighted portfolio comprised of Equity Securities of ten issuers, selected by the Portfolio Manager from the Investable Universe, that at the time of investment and immediately following each semi-annual reconstitution and rebalancing are listed on a North American exchange pay a dividend and have options in respect of its Equity Securities that, in the opinion of the Portfolio Manager, are sufficiently liquid to permit the Portfolio Manager to write options in respect of such securities.