Cott Corp. (TSE:PRM) Given Average Recommendation of “Buy” by Analysts

Cott Corp. (TSE:PRM) has been assigned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and four have given a strong buy rating to the company.

A number of research analysts recently issued reports on PRM shares. Jefferies Financial Group upgraded Cott to a “hold” rating in a report on Friday, October 17th. The Goldman Sachs Group raised shares of Cott to a “hold” rating in a research report on Thursday, September 11th.

Cott Trading Up 4.5%

PRM stock opened at C$13.85 on Monday. The stock has a 50-day moving average price of C$13.03 and a two-hundred day moving average price of C$12.04. Cott has a 1 year low of C$10.35 and a 1 year high of C$14.16. The stock has a market cap of C$16.84 million, a PE ratio of -7.10 and a beta of -0.34.

Cott Company Profile

The investment objectives for the Preferred shares are to provide their holders with fixed cumulative preferential quarterly cash distributions in the amount of $0.125 per Preferred share. Fund will invest in an initially equally-weighted portfolio comprised of Equity Securities of ten issuers, selected by the Portfolio Manager from the Investable Universe, that at the time of investment and immediately following each semi-annual reconstitution and rebalancing are listed on a North American exchange pay a dividend and have options in respect of its Equity Securities that, in the opinion of the Portfolio Manager, are sufficiently liquid to permit the Portfolio Manager to write options in respect of such securities.