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

Shares of Cott Corp. (TSE:PRM) have been given a consensus recommendation of “Buy” by the seven analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have assigned a strong buy rating to the company.

PRM has been the subject of a number of recent analyst reports. Barclays raised Cott to a “strong-buy” rating in a research report on Wednesday, June 4th. The Goldman Sachs Group upgraded Cott to a “hold” rating in a report on Thursday, September 11th.

Cott Trading Up 0.3%

Shares of TSE:PRM opened at C$11.83 on Friday. The company has a 50-day moving average price of C$11.45 and a 200-day moving average price of C$11.70. The company has a market cap of C$13.38 million, a price-to-earnings ratio of 11.95 and a beta of 0.58. Cott has a 12 month low of C$10.35 and a 12 month high of C$14.76.

About Cott

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.