Shares of Cott Corp (NYSE:COT) (TSE:BCB) have been given a consensus rating of “Buy” by the seven research firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $18.63.
Several equities analysts have recently issued reports on COT shares. Canaccord Genuity reaffirmed a “buy” rating on shares of Cott in a research report on Wednesday. Zacks Investment Research lowered Cott from a “buy” rating to a “hold” rating in a research report on Friday, January 10th. Finally, TD Securities lifted their price target on Cott from $18.00 to $19.50 and gave the stock a “buy” rating in a research report on Tuesday, January 14th.
Institutional investors and hedge funds have recently bought and sold shares of the company. Ancora Advisors LLC purchased a new position in shares of Cott in the 4th quarter worth about $30,000. Marshall Wace North America L.P. purchased a new position in shares of Cott in the 4th quarter worth about $68,000. Tower Research Capital LLC TRC raised its position in shares of Cott by 137.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 7,403 shares of the company’s stock worth $93,000 after purchasing an additional 4,285 shares during the last quarter. Atria Investments LLC purchased a new position in shares of Cott in the 2nd quarter worth about $122,000. Finally, Sciencast Management LP purchased a new position in shares of Cott in the 3rd quarter worth about $204,000.
Shares of COT traded down $0.17 during trading hours on Friday, hitting $15.65. The company had a trading volume of 926,888 shares, compared to its average volume of 1,742,096. The firm has a fifty day moving average price of $14.63 and a 200-day moving average price of $13.32. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.83 and a current ratio of 1.05. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of -521.67 and a beta of 0.95. Cott has a 52-week low of $11.72 and a 52-week high of $15.86.
Cott Company Profile
Cott Corporation, together with its subsidiaries, operates as a route based service company in the United States, the United Kingdom, Canada, and internationally. The company operates in three segments: Route Based Services; Coffee, Tea and Extract Solutions; and All Other. Its product portfolio includes bottled water, coffee, brewed tea, water dispensers, coffee and tea brewers, specialty coffee, liquid coffee or tea concentrate, single cup coffee, cold brewed coffee, iced blend coffee or tea beverages, blended teas, hot tea, sparkling tea, coffee or tea extract solutions, filtration equipment, hot chocolate, soups, malt drinks, creamers/whiteners, cereals, and beverage concentrates, as well as premium spring, sparkling and flavored, and mineral water.
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