Coca-Cola Amatil Ltd Given Underweight Rating at Morgan Stanley (CCL)
Coca-Cola Amatil Ltd (ASX:CCL)‘s stock had its “underweight” rating reiterated by Morgan Stanley in a research note issued on Sunday, AR Network reports.
Shares of Coca-Cola Amatil Ltd (ASX:CCL) opened at 12.480 on Friday. Coca-Cola Amatil Ltd has a 1-year low of A$11.730 and a 1-year high of A$15.430. The stock’s 50-day moving average is A$12.3 and its 200-day moving average is A$13.21. The company has a market cap of A$9.530 billion and a P/E ratio of 22.10.
A number of other analysts have also recently weighed in on CCL. 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 assigned a hold rating and one has assigned a buy rating to the stock. Coca-Cola Amatil Ltd has an average rating of “Hold” and a consensus price target of A$13.66 ($12.89).
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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