Cott Corp (COT) Given Consensus Recommendation of “Hold” by Analysts

Shares of Cott Corp (NYSE:COT) (TSE:BCB) have received a consensus recommendation of “Hold” from the nine brokerages that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $17.13.

A number of equities analysts have weighed in on COT shares. Canaccord Genuity reiterated a “buy” rating and issued a $20.00 price target on shares of Cott in a research report on Friday, October 27th. Credit Suisse Group upped their price target on shares of Cott from $17.00 to $18.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Finally, Scotiabank set a $18.50 price target on shares of Cott and gave the stock a “sector perform” rating in a research report on Tuesday, January 16th.

In related news, Director Gregory R. Monahan sold 7,500 shares of the company’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $17.10, for a total transaction of $128,250.00. Following the completion of the transaction, the director now owns 102,666 shares in the company, valued at $1,755,588.60. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.06% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Cott by 4.5% during the second quarter. Vanguard Group Inc. now owns 2,804,428 shares of the company’s stock worth $40,495,000 after acquiring an additional 120,040 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Cott by 0.7% during the fourth quarter. Victory Capital Management Inc. now owns 2,056,275 shares of the company’s stock worth $34,258,000 after acquiring an additional 14,499 shares during the last quarter. Cramer Rosenthal Mcglynn LLC boosted its position in shares of Cott by 36.6% during the third quarter. Cramer Rosenthal Mcglynn LLC now owns 2,037,692 shares of the company’s stock worth $30,586,000 after acquiring an additional 545,787 shares during the last quarter. Lord Abbett & CO. LLC boosted its position in shares of Cott by 61.5% during the second quarter. Lord Abbett & CO. LLC now owns 1,546,464 shares of the company’s stock worth $22,331,000 after acquiring an additional 588,620 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its position in shares of Cott by 0.4% during the third quarter. Mackenzie Financial Corp now owns 1,107,157 shares of the company’s stock worth $16,618,000 after acquiring an additional 4,299 shares during the last quarter.

Cott (NYSE COT) opened at $15.20 on Tuesday. The firm has a market cap of $2,121.51, a P/E ratio of -21.71 and a beta of 0.73. Cott has a 12-month low of $10.44 and a 12-month high of $17.77. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.01 and a quick ratio of 0.86.

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About Cott

Cott Corp is a Canada-based company, which along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through five operating segments: Water & Coffee Solutions; Cott North America; Cott United Kingdom (Cott U.K.), Royal Crown International (RCI) and Mexico.

Analyst Recommendations for Cott (NYSE:COT)

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