Zacks: Embotelladora Andina SA ADR Series B (NYSE:AKO.B) Receives Average Recommendation of “Strong Sell” from Brokerages
by Mitch EdgemanEmbotelladora Andina SA ADR Series B (NYSE:AKO.B) has been given a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating.
Brokerages have set a 1-year consensus price target of $16.00 for the company, according to Zacks. Zacks has also assigned Embotelladora Andina SA ADR Series B an industry rank of 158 out of 255 based on the ratings given to related companies.
A number of equities research analysts recently issued reports on the stock. ValuEngine upgraded shares of Embotelladora Andina SA ADR Series B from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research raised shares of Embotelladora Andina SA ADR Series B from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 13th.
Shares of NYSE AKO.B traded down $0.14 during trading on Friday, hitting $16.63. The company had a trading volume of 496 shares, compared to its average volume of 18,105. The company has a market cap of $2.64 billion, a P/E ratio of 17.50 and a beta of 0.04. Embotelladora Andina SA ADR Series B has a 52 week low of $13.85 and a 52 week high of $24.25. The business’s 50-day moving average is $16.66 and its 200 day moving average is $19.25. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.82 and a current ratio of 1.27.
About Embotelladora Andina SA ADR Series B
Embotelladora Andina SA, together with its subsidiaries, produces, markets, and distributes Coca-Cola soft drinks in Chile, Brazil, Argentina, and Paraguay. It also offers fruit-flavored beverages, juices, sports and energy drinks, ice tea, and bottled water. Embotelladora Andina SA was founded in 1946 and is headquartered in Santiago, Chile.
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