Jefferies analyst Kevin Grundy maintained a Hold rating on Coca-Cola (NYSE: KO) yesterday and set a price target of $48. The company’s shares closed yesterday at $45.86.
According to TipRanks.com, Grundy is a 4-star analyst with an average return of 7.4% and a 63.1% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Skyline Champion Corporation, Coca-Cola European Partners, and Constellation Brands Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coca-Cola with a $50.58 average price target.
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Coca-Cola’s market cap is currently $195B and has a P/E ratio of 84.93. The company has a Price to Book ratio of 10.64.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock.
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