Android app on Google Play

Market Underestimates Coca-Cola (KO), Thinks Analyst

March 13, 2013 1:00 PM EDT Send to a Friend
Get Alerts KO Hot Sheet
Price: $42.21 -0.09%

Rating Summary:
    12 Buy, 11 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 19 | Down: 17 | New: 21
Trade KO Now!
Join SI Premium – FREE
Wells Fargo today maintained an Outperform rating on Coca-Cola (NYSE: KO) and raised its price target to $42.00 to $44.00 (from $41.00 to $43.00). Analyst Bonnie Herzog said she thinks the stock deserves a higher premium relative to peers.

"Based on KO’s current valuation, we believe the market is underestimating KO's long-term growth opportunities and the power of its global bottling network," analyst Herzog. "Therefore, we believe KO's current valuation premium of only ~10% to its peers is too narrow and presents a good entry point for long-term

For an analyst ratings summary and ratings history on Coca-Cola (NYSE: KO) click here. For more ratings news on Coca-Cola click here.

Shares of Coca-Cola closed at $38.96 yesterday.

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change

Related Entities

Wells Fargo

Add Your Comment