The Goldman Sachs Group Upgrades Cott (TSE:PRM) to “Hold”

Cott (TSE:PRM) was upgraded by equities research analysts at The Goldman Sachs Group to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Separately, Barclays upgraded Cott to a “strong-buy” rating in a report on Wednesday, June 4th. Five investment analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cott has a consensus rating of “Buy”.

Cott Stock Performance

Shares of TSE:PRM opened at C$11.79 on Thursday. The company has a market cap of C$13.33 million, a P/E ratio of 11.91 and a beta of 0.58. Cott has a one year low of C$10.35 and a one year high of C$14.76. The business’s 50-day simple moving average is C$11.44 and its 200 day simple moving average is C$11.73.

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.