Embotelladora Andina SA (AKO.B) Upgraded to Buy at Zacks Investment Research
Zacks Investment Research upgraded shares of Embotelladora Andina SA (NYSE:AKO.B) from a hold rating to a buy rating in a research note issued to investors on Tuesday morning. The firm currently has $26.00 price objective on the stock.
According to Zacks, “Embotelladora Andina S.A. produces and distributes Coca-Cola products in Chile, Brazil and Argentina. Through subsidiaries, they also produce PET packaging, produce and distribute juices and mineral water, and process and distribute agricultural products, including canned fruits and tomato products. “
Separately, TheStreet raised shares of Embotelladora Andina SA from a hold rating to a buy rating in a research note on Tuesday, July 5th.
The business also recently declared a dividend, which will be paid on Friday, October 21st. Stockholders of record on Friday, October 21st will be paid a $0.109 dividend. The ex-dividend date is Wednesday, October 19th.
About Embotelladora Andina SA
Embotelladora Andina SA (Andina) is a bottler of Coca-Cola trademark beverages in Latin America. The Company operates in four segments: Chile, Brazil, Argentina and Paraguay. It produces and distributes fruit juices, other fruit-flavored beverages and mineral and purified water in Chile, Argentina and Paraguay under trademarks owned by The Coca-Cola Company.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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