UBS Thinks Coca-Cola (KO) Should Buy Hansen Natural (HANS)
More News related to HANS
- Dyer & Berens LLP Files Class Action Lawsuit On Behalf of Purchasers of Hansen Natural Corporation Common Stock Between May 23, 2007 and November 8, 2007 -- HANS
- Hansen Natural (HANS) and Coca-Cola Announce Monster Energy Distribution Agreement
- Hansen Natural Provides Certain Financial Information Regarding Distributor Agreements
- Hansen Natural Corporation and The Coca-Cola System Announce Agreements for Distribution of Monster Energy Drinks in Western Europe, Canada and Selected U.S. Territories
- Hansen Natural (HANS) volatility Elevated on wide price movement
More News related to KO
- Notable Analyst Rating Changes 10/06: MON, DLTR, AMLN, JBL Upgraded; KO, CLS, RFMD, MT Downgraded
- Morning Movers 10/06: Citigroup (C) Lower on Wachovia Battle; Imclone (IMCL) Up After Eli Lilly Takeover
- Hansen Natural (HANS) and Coca-Cola Announce Monster Energy Distribution Agreement
- Hansen Natural Corporation and The Coca-Cola System Announce Agreements for Distribution of Monster Energy Drinks in Western Europe, Canada and Selected U.S. Territories
- Deutsche Bank Downgrades Coca-Cola (KO) to Hold Due To Economic Slowdown
More News related to Analyst Comments
- Canaccord Adams Downgrades Freeport-McMoRan (FCX) to Sell, Slashes Price Target
- Jefferies Downgrades Advanced Medical Optics (EYE) to Underperform
- Susquehanna Downgrades Isle of Capri Casinos (ISLE) to Neutral
- Susquehanna Downgrades Boyd Gaming Corporation (BYD) to Neutral
- Susquehanna Downgrades MGM MIRAGE (MGM) to Neutral
UBS has a research report out today accessing Hansen Natural (Nasdaq: HANS) as a takeover play. The firm said their core investment thesis on Hansen's is still the company's strong fundamentals, but they see upside from a potential takeover.
UBS analyst, Kaumil S. Gajrawala, believes Coca-Cola (NYSE: KO) is the most likely suitor for Hansen. The firm cites seven reasons HANS is a good fit for KO: 1. KO is losing market share in the fast growing energy category, 2. KO can capture external distribution profits of over $400 million, 3. HANS Moster brand can be leveraged globally by KO, 4. advertising, marketing, and SG&A savings from a deal, 5. capable management in place at HANS, 6. expansion into food service, 7. potential tax implications under a new administration.
UBS is reiterating their Buy rating and $53 price target on Hansen Natural.
Related Categories
Analyst CommentsRumors
Stocks Mentioned
+1.44
-1.80Related Entities
Comments
At what price
I would vote for a sell price above.$45 per share. Else forget it.
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
sell price
The dog on Jun 13, 2008 03:38 PMshould be $88 but not lower than $60