Cott Corp. (TSE:PRM) Receives Consensus Recommendation of “Strong Buy” from Brokerages

Cott Corp. (TSE:PRM) has received an average rating of “Strong Buy” from the six analysts that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a strong buy recommendation to the company.

Separately, The Goldman Sachs Group raised shares of Cott to a “hold” rating in a research note on Thursday, September 11th.

Cott Stock Performance

Shares of TSE:PRM opened at C$12.39 on Wednesday. The company has a 50 day moving average price of C$11.72 and a 200 day moving average price of C$11.55. Cott has a 1-year low of C$10.35 and a 1-year high of C$14.29. The stock has a market capitalization of C$15.07 million, a price-to-earnings ratio of -6.35 and a beta of -0.34.

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.