Coca-Cola hits all-time high
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Contributor since / Followers
Contributor since / Followers
4 weeks ago
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- Coca-Cola (NYSE:KO) stock rose 1.2% to $70.6 on Monday, as the soda company hit its highest level ever.
- The company has risen ~20% since the start of the year, and is expected to add $3.36 billion of market cap on Monday, as per Bloomberg estimate.
- SA quant rates the company at Hold, while SA analysts rate it at Buy. Five out of seven rate it at Buy or above, while two rate it at Hold.
- In the second quarter, the firm had sailed past the organic sales estimates with its earnings report and also set a strong guidance.