Embotelladora Andina SA (NYSE:AKO.B) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Tuesday. The brokerage presently has a $26.00 price target 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 shares of Embotelladora Andina SA from a “hold” rating to a “buy” rating in a report on Tuesday, July 5th.

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The firm also recently announced a dividend, which will be paid on Friday, October 21st. Investors of record on Friday, October 21st will be issued a dividend of $0.109 per share. The ex-dividend date of this dividend is Wednesday, October 19th.

About Embotelladora Andina SA

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.

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