Thursday, 15 November, 2018

Coca-Cola Plans Energy Drinks

Monster ticked part-owner Coke is planning own energy drinks Monster shares plunge as Coke plans energy-drink
Jean Garcia | 11 November, 2018, 08:23

"As some of you may have read, Coca-Cola has developed two energy products it believes it may market under an exception relating to the Coca-Cola brand" he said in transcripts, while also noting the status of the dispute. It improved, as 57 investors sold The Coca-Cola Company shares while 663 reduced holdings. The Coca-Cola Co has a fifty-two week low of $41.45 and a fifty-two week high of $49.55. Stralem And invested 0.26% of its portfolio in The Coca-Cola Company (NYSE:KO). Redpoint Investment Management Pty Ltd lifted its holdings in shares of The Coca-Cola by 2.7% in the third quarter. Wells Fargo & Co reiterated a "buy" rating and issued a $52.00 price objective on shares of The Coca-Cola in a report on Wednesday, September 5th. Macquarie set a $50.00 target price on The Coca-Cola and gave the company a "neutral" rating in a report on Thursday. Below is a list of The Coca-Cola Company (NYSE:KO) latest ratings and price target changes. The company has a market capitalization of $209.50 billion, a P/E ratio of 25.85, a P/E/G ratio of 3.22 and a beta of 0.60.

Among 6 analysts covering Coca-Cola (NYSE:KO), 4 have Buy rating, 0 Sell and 2 Hold. The business's revenue for the quarter was down 9.2% compared to the same quarter a year ago. On average, sell-side analysts expect that The Coca-Cola will post 2.08 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.25%. The ex-dividend date is Thursday, November 29th.

Stephen Curry of Golden State Warriors day-to-day with adductor strain
"This doesn't look like it's going to be a long-term injury". "We'll just monitor his progress over the next several days". Kerr said that Green's absence and Curry's third-quarter exit weren't the Warriors' biggest problem.

Hong has a $66 price target on Monster that is a bit above Factset's almost $63 average. The Coca-Cola's dividend payout ratio is now 81.68%. If you are accessing this report on another publication, it was illegally stolen and republished in violation of U.S. & global copyright and trademark legislation.

The firm recently bought United Kingdom coffee chain Costa Coffee to diversify its portfolio as health-conscious consumer tastes continue to veer away from high-sugar soft drinks, and Bloomberg reported in September that Coca-Cola had entered advanced talks with Canadian cannabis firm Aurora Cannabis regarding the production of CBD-infused beverages. The Company's Monster Energy Drinks segment sells ready-to-drink packaged drinks and non-carbonated dairy based coffee energy drinks primarily to bottlers and full service beverage distributors, as well as sells directly to retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience chains, food service customers, and the military.

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