Embotelladora Andina (AKO.B) Upgraded by Zacks Investment Research to Hold
Embotelladora Andina (NYSE:AKO.B) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.
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, Morgan Stanley restated an “underweight” rating and issued a $25.00 target price on shares of Embotelladora Andina in a research report on Thursday, September 14th.
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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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