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The Coca-Cola Company (NYSE:KO) was downgraded by stock analysts at Jefferies Group from a “buy” rating to a “hold” rating in a report issued on Monday.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of The Coca-Cola Company in a research note on Monday. They now have a $46.00 price target on the stock. Separately, analysts at Goldman Sachs reiterated a “positive” rating on shares of The Coca-Cola Company in a research note on Friday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of The Coca-Cola Company in a research note on Thursday. They now have a $42.00 price target on the stock. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $45.44.

The Coca-Cola Company (NYSE:KO) traded up 0.97% during mid-day trading on Monday, hitting $41.278. The stock had a trading volume of 7,089,589 shares. The Coca-Cola Company has a 52-week low of $36.83 and a 52-week high of $42.57. The stock’s 50-day moving average is $41.02 and its 200-day moving average is $39.91. The company has a market cap of $181.0 billion and a P/E ratio of 21.86. The Coca-Cola Company also saw some unusual options trading activity on Friday. Investors purchased 27,100 call options on the stock. This is an increase of 143% compared to the typical daily volume of 11,168 call options.

The Coca-Cola Company (NYSE:KO) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.63 by $0.01. The company had revenue of $12.57 billion for the quarter, compared to the consensus estimate of $12.82 billion. During the same quarter in the prior year, the company posted $0.63 earnings per share. The company’s quarterly revenue was down 1.4% on a year-over-year basis. Analysts expect that The Coca-Cola Company will post $2.08 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 1st. Stockholders of record on Monday, September 15th will be paid a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, September 11th.

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a variety of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks.

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