Morningstar Reiterates Hold Rating for Coca-Cola Amatil (CCL)
Shares of Coca-Cola Amatil (ASX:CCL) traded down 0.11% on Friday, hitting A$9.400. The stock had a trading volume of 2,247,890 shares. Coca-Cola Amatil has a 52 week low of A$9.000 and a 52 week high of A$13.400. The stock has a 50-day moving average of A$9.73 and a 200-day moving average of A$11.26. The company has a market cap of A$7.178 billion and a price-to-earnings ratio of 89.62.
Other equities research analysts have also recently issued reports about the stock. Analysts at Wells Fargo & Co. reiterated a “sell” rating on shares of Coca-Cola Amatil in a research note on Sunday, May 18th. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of Coca-Cola Amatil in a research note on Thursday, May 15th. Three analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold”.
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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