Shares of Cott Corp. (NYSE:COT) were up 8.4% during mid-day trading on Thursday . The company traded as high as $16.00 and last traded at $15.65, with a volume of 1,944,655 shares traded. The stock had previously closed at $14.44.

A number of analysts have recently issued reports on COT shares. Canaccord Genuity reaffirmed a “buy” rating and set a $23.00 price objective on shares of Cott Corp. in a report on Wednesday, June 29th. Citigroup Inc. lifted their price objective on shares of Cott Corp. from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Friday, April 8th. Deutsche Bank AG lifted their price objective on shares of Cott Corp. from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, May 9th. Stifel Nicolaus raised shares of Cott Corp. from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Credit Suisse Group AG set a $19.00 price objective on shares of Cott Corp. and gave the stock a “buy” rating in a report on Friday. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $17.50.

The stock’s 50-day moving average price is $14.63 and its 200-day moving average price is $13.37. The stock’s market cap is $2.04 billion.

Cott Corp. (NYSE:COT) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by $0.02. The firm had revenue of $765 million for the quarter, compared to analysts’ expectations of $766.83 million. During the same period in the previous year, the business posted $0.18 earnings per share. Cott Corp.’s quarterly revenue was down 1.9% on a year-over-year basis. On average, equities analysts expect that Cott Corp. will post $0.29 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in COT. Bank of Montreal Can boosted its stake in shares of Cott Corp. by 17.2% in the fourth quarter. Bank of Montreal Can now owns 154,152 shares of the company’s stock worth $1,694,000 after buying an additional 22,650 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Cott Corp. by 18.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 199,520 shares of the company’s stock worth $2,193,000 after buying an additional 30,981 shares during the period. Marshall Wace LLP boosted its stake in shares of Cott Corp. by 107.4% in the fourth quarter. Marshall Wace LLP now owns 276,017 shares of the company’s stock worth $3,033,000 after buying an additional 142,921 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Cott Corp. by 17.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,656,199 shares of the company’s stock worth $18,202,000 after buying an additional 251,534 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in shares of Cott Corp. by 24.7% in the fourth quarter. Victory Capital Management Inc. now owns 2,457,543 shares of the company’s stock worth $27,008,000 after buying an additional 487,042 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.

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