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

Cott Corp. (TSE:PRM) has been given an average recommendation of “Strong Buy” by the six ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have given a strong buy rating to the company.

Several brokerages recently weighed in on PRM. Truist Financial raised shares of Cott to a “strong-buy” rating in a report on Friday, April 4th. Barclays upgraded Cott to a “strong-buy” rating in a research report on Wednesday, June 4th. Finally, Mizuho raised Cott to a “strong-buy” rating in a report on Monday, May 12th.

Cott Trading Up 0.5%

Shares of TSE:PRM opened at C$11.31 on Thursday. Cott has a 12-month low of C$10.35 and a 12-month high of C$14.97. The company has a market cap of C$13.09 million and a PE ratio of 12.15. The stock has a 50 day moving average of C$11.42 and a 200 day moving average of C$12.56.

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.