Cott Corp. (TSE:PRM) Given Consensus Recommendation of “Buy” by Analysts

Cott Corp. (TSE:PRM) has received an average recommendation of “Buy” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a strong buy recommendation to the company.

PRM has been the subject of a number of research analyst reports. The Goldman Sachs Group raised Cott to a “hold” rating in a research note on Thursday, September 11th. Jefferies Financial Group upgraded Cott to a “hold” rating in a report on Friday, October 17th.

Cott Trading Up 4.5%

TSE PRM opened at C$13.85 on Monday. Cott has a 52 week low of C$10.35 and a 52 week high of C$14.16. The company has a 50-day moving average price of C$13.03 and a two-hundred day moving average price of C$12.04. The stock has a market cap of C$16.84 million, a price-to-earnings ratio of -7.10 and a beta of -0.34.

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.