CocaCola (NYSE:KO) Stock Price Expected to Rise, UBS Group Analyst Says

CocaCola (NYSE:KOGet Free Report) had its target price upped by UBS Group from $82.00 to $87.00 in a research note issued on Wednesday, Marketbeat.com reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price objective points to a potential upside of 10.13% from the stock’s current price.

KO has been the topic of several other research reports. Barclays restated an “overweight” rating on shares of CocaCola in a research report on Thursday, October 23rd. Evercore restated an “outperform” rating on shares of CocaCola in a research report on Tuesday, October 21st. Citigroup increased their price objective on CocaCola from $85.00 to $87.00 and gave the company a “buy” rating in a research report on Wednesday. TD Cowen reissued a “buy” rating on shares of CocaCola in a report on Wednesday, October 22nd. Finally, Piper Sandler upped their target price on CocaCola from $80.00 to $81.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating and sixteen have assigned a Buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $84.19.

Read Our Latest Research Report on CocaCola

CocaCola Price Performance

CocaCola stock opened at $79.00 on Wednesday. The business has a 50-day simple moving average of $71.90 and a 200 day simple moving average of $70.01. CocaCola has a 52 week low of $65.35 and a 52 week high of $80.41. The stock has a market cap of $339.81 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 4.04 and a beta of 0.36. The company has a quick ratio of 1.00, a current ratio of 1.46 and a debt-to-equity ratio of 1.23.

CocaCola (NYSE:KOGet Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $11.80 billion during the quarter, compared to the consensus estimate of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The company’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the company posted $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, research analysts forecast that CocaCola will post 2.96 earnings per share for the current fiscal year.

Insider Activity at CocaCola

In other news, CEO James Quincey sold 337,824 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total transaction of $26,046,230.40. Following the completion of the transaction, the chief executive officer directly owned 342,546 shares of the company’s stock, valued at approximately $26,410,296.60. This represents a 49.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Nancy Quan sold 31,625 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $71.17, for a total value of $2,250,751.25. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $15,894,396.10. This represents a 12.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.97% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CocaCola

Several hedge funds have recently made changes to their positions in KO. CI Investments Inc. boosted its holdings in CocaCola by 8.9% in the fourth quarter. CI Investments Inc. now owns 1,582,790 shares of the company’s stock valued at $110,653,000 after acquiring an additional 129,198 shares in the last quarter. Laurel Oak Wealth Management LLC purchased a new position in shares of CocaCola during the fourth quarter valued at about $777,000. Hamilton Point Investment Advisors LLC raised its stake in CocaCola by 8.1% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 14,250 shares of the company’s stock worth $996,000 after buying an additional 1,070 shares in the last quarter. Johnson Financial Group Inc. lifted its holdings in CocaCola by 6.7% in the fourth quarter. Johnson Financial Group Inc. now owns 15,189 shares of the company’s stock worth $1,062,000 after buying an additional 954 shares during the period. Finally, Federation des caisses Desjardins du Quebec boosted its position in CocaCola by 9.1% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 643,664 shares of the company’s stock valued at $44,985,000 after acquiring an additional 53,767 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

CocaCola Company Profile

(Get Free Report)

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.

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Analyst Recommendations for CocaCola (NYSE:KO)

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