Morgan Stanley Reaffirms Underweight Rating for Embotelladora Andina S.A. (AKO.B)
Embotelladora Andina S.A. (NYSE:AKO.B)‘s stock had its “underweight” rating reiterated by research analysts at Morgan Stanley in a report issued on Thursday. They currently have a $25.00 target price on the stock.
Separately, Zacks Investment Research lowered shares of Embotelladora Andina from a “hold” rating to a “sell” rating in a research note on Friday, August 11th.
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Embotelladora Andina 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.
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