UBS Gives a Buy Rating to Coca-Cola

By Austin Angelo

In a report issued on July 27, Stephen Powers from UBS assigned a Buy rating to Coca-Cola (NYSE: KO), with a price target of $51. The company’s shares closed on Friday at $46.01, close to its 52-week high of $46.43.

Currently, the analyst consensus on Coca-Cola is Moderate Buy and the average price target is $45.88, representing a -0.3% downside.

In a report issued on July 17, Bernstein also assigned a Buy rating to the stock with a $49 price target.

The company has a one year high of $46.43 and a one year low of $39.88. Currently, Coca-Cola has an average volume of 10.49M.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock.

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