Cott Corp. (NYSE:COT)’s share price was down 2.8% on Wednesday . The company traded as low as $14.24 and last traded at $14.38, with a volume of 635,413 shares. The stock had previously closed at $14.79.

A number of equities analysts have weighed in on COT shares. Canaccord Genuity restated a “buy” rating and set a $23.00 price objective on shares of Cott Corp. in a research report on Wednesday, June 29th. Citigroup Inc. increased their target price on shares of Cott Corp. from $12.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, April 8th. Deutsche Bank AG increased their target price on shares of Cott Corp. from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Monday, May 9th. Stifel Nicolaus upgraded shares of Cott Corp. from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Zacks Investment Research cut shares of Cott Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, April 20th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $17.10.

The firm has a 50-day moving average of $14.61 and a 200 day moving average of $13.34. The company’s market capitalization is $2.06 billion.

Cott Corp. (NYSE:COT) last issued its earnings results on Thursday, August 4th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.17 by $0.02. During the same quarter in the prior year, the firm earned $0.18 EPS. The business had revenue of $765 million for the quarter, compared to the consensus estimate of $766.83 million. The business’s quarterly revenue was down 1.9% on a year-over-year basis. On average, equities research analysts forecast that Cott Corp. will post $0.31 EPS for the current year.

Several hedge funds and institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in Cott Corp. by 18.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 199,520 shares of the company’s stock valued at $2,193,000 after buying an additional 30,981 shares during the period. Marshall Wace LLP increased its position in Cott Corp. by 107.4% in the fourth quarter. Marshall Wace LLP now owns 276,017 shares of the company’s stock valued at $3,033,000 after buying an additional 142,921 shares during the period. Levin Capital Strategies L.P. increased its position in Cott Corp. by 4.2% in the fourth quarter. Levin Capital Strategies L.P. now owns 14,171,432 shares of the company’s stock valued at $155,744,000 after buying an additional 573,348 shares during the period. Victory Capital Management Inc. increased its position in Cott Corp. by 24.7% in the fourth quarter. Victory Capital Management Inc. now owns 2,457,543 shares of the company’s stock valued at $27,008,000 after buying an additional 487,042 shares during the period. Finally, Wells Fargo & Company MN increased its position in Cott Corp. by 17.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,656,199 shares of the company’s stock valued at $18,202,000 after buying an additional 251,534 shares during the period.

Cott Corporation, along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through four segments: DSS; Cott North America; Cott United Kingdom (Cott U.K.), and All Other, which includes its Mexico segment, Royal Crown International (RCI) segment and other miscellaneous expenses.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.