Embotelladora Andina SA Downgraded by TheStreet to “Hold” (AKO.B)
Embotelladora Andina SA (NASDAQ:AKO.B) was downgraded by analysts at TheStreet from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, StockRatingsNetwork reports.
The analysts wrote, “Embotelladora Andina (AKO.B) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company’s earnings per share and disappointing return on equity.”
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