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Stock analysts at Jefferies Group began coverage on shares of Cott (NYSE:COT) in a report issued on Monday. The firm set a “hold” rating and a $7.80 price target on the stock. Jefferies Group’s price target points to a potential upside of 7.44% from the stock’s previous close.

Cott (NYSE:COT) traded up 2.11% on Monday, hitting $7.26. 266,499 shares of the company’s stock traded hands. Cott has a one year low of $6.78 and a one year high of $8.84. The stock has a 50-day moving average of $7.48 and a 200-day moving average of $7.97. The company has a market cap of $684.8 million and a price-to-earnings ratio of 51.15.

Cott (NYSE:COT) last issued its quarterly earnings data on Wednesday, May 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.05. The company had revenue of $475.00 million for the quarter, compared to the consensus estimate of $490.48 million. The company’s revenue for the quarter was down 5.9% on a year-over-year basis. Analysts expect that Cott will post $0.33 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 18th. Shareholders of record on Friday, June 6th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Wednesday, June 4th.

COT has been the subject of a number of other recent research reports. Analysts at Goldman Sachs cut their price target on shares of Cott to $8.00 in a research note on Friday, May 9th. Separately, analysts at Deutsche Bank cut their price target on shares of Cott from C$11.00 to C$10.00 in a research note on Thursday, May 8th. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Cott from C$9.00 to C$8.25 in a research note on Thursday, May 8th. They now have a “neutral” rating on the stock. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $8.69.

Cott Corporation (NYSE:COT) is a producers of beverages on behalf of retailers, brand owners and distributors.

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