Coca-Cola Amatil Ltd (ASX:CCL)‘s stock had its “underweight” rating restated by equities researchers at Morgan Stanley in a research report issued on Friday, American Banking and Market News reports.
Coca-Cola Amatil Ltd (ASX:CCL) opened at 12.290 on Friday. Coca-Cola Amatil Ltd has a 52 week low of A$11.730 and a 52 week high of A$15.430. The stock has a 50-day moving average of A$12.4 and a 200-day moving average of A$13.30. The company has a market cap of A$9.385 billion and a price-to-earnings ratio of 21.76.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola Amatil Ltd (ASX:CCL) in a research note to investors on Friday, September 6th.
Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of A$13.66 ($12.65).
Coca-Cola Amatil Limited (ASX:CCL), with its subsidiaries is engaged in the manufacture, distribution and marketing of carbonated soft drinks, still and mineral waters, fruit juices, coffee and other alcohol-free beverages.
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