Coca-Cola (KO) Receives a Hold from Jefferies


In a report issued on February 15, Kevin Grundy from Jefferies maintained a Hold rating on Coca-Cola (KO), with a price target of $46. The company’s shares closed on Friday at $45.24.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 5.6% and a 61.2% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, Interlink Electronics, Inc., and Constellation Brands Inc.

Currently, the analyst consensus on Coca-Cola is a Moderate Buy with an average price target of $51.50, implying a 13.8% upside from current levels. In a report issued on February 14, Citigroup also downgraded the stock to Hold with a $50 price target.

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The company has a one-year high of $50.84 and a one-year low of $41.45. Currently, Coca-Cola has an average volume of 14.99M.

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