Embotelladora Andina SA (AKO.B) Raised to Buy at Zacks Investment Research
Embotelladora Andina SA (NYSE:AKO.B) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The firm presently has a $26.00 target price on the stock.
According to Zacks, “Embotelladora Andina S.A. produces and distributes Coca-Cola products in Chile, Brazil and Argentina. Through subsidiaries, they also produce PET packaging, produce and distribute juices and mineral water, and process and distribute agricultural products, including canned fruits and tomato products. “
Separately, TheStreet upgraded Embotelladora Andina SA from a “hold” rating to a “buy” rating in a research note on Tuesday, July 5th.
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The firm also recently announced a dividend, which will be paid on Friday, October 21st. Shareholders of record on Friday, October 21st will be paid a dividend of $0.109 per share. The ex-dividend date of this dividend is Wednesday, October 19th.
Embotelladora Andina SA Company Profile
Embotelladora Andina SA (Andina) is a bottler of Coca-Cola trademark beverages in Latin America. The Company operates in four segments: Chile, Brazil, Argentina and Paraguay. It produces and distributes fruit juices, other fruit-flavored beverages and mineral and purified water in Chile, Argentina and Paraguay under trademarks owned by The Coca-Cola Company.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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