ValuEngine Upgrades Coca-Cola Amatil (CCLAY) to Buy
Coca-Cola Amatil (OTCMKTS:CCLAY) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.
A number of other research analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Coca-Cola Amatil from a “hold” rating to a “sell” rating in a research note on Thursday. Macquarie raised shares of Coca-Cola Amatil from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 23rd.
Coca-Cola Amatil (OTCMKTS:CCLAY) traded up $0.17 during mid-day trading on Friday, reaching $6.16. The company had a trading volume of 120,138 shares, compared to its average volume of 69,783. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.31 and a current ratio of 1.79. Coca-Cola Amatil has a 12 month low of $5.79 and a 12 month high of $8.35.
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Coca-Cola Amatil Limited (CCA) manufactures, distributes and sells ready-to-drink beverages in the Asia-Pacific region. The Company’s segments include Non-Alcohol Beverages; Alcohol & Coffee Beverages, and Corporate, Food & Services. The Company manufactures Coca-Cola products in approximately six countries in which it operates.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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