CocaCola (NYSE:KO) Given New $86.00 Price Target at Deutsche Bank Aktiengesellschaft

CocaCola (NYSE:KOGet Free Report) had its price target upped by equities research analysts at Deutsche Bank Aktiengesellschaft from $83.00 to $86.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 11.83% from the company’s current price.

A number of other analysts also recently weighed in on the company. Evercore restated an “outperform” rating and issued a $85.00 target price on shares of CocaCola in a research report on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. UBS Group boosted their price objective on shares of CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Jefferies Financial Group upped their price objective on shares of CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Finally, Truist Financial set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $84.80.

Read Our Latest Analysis on CocaCola

CocaCola Price Performance

NYSE:KO traded up $1.19 during midday trading on Monday, hitting $76.90. The company had a trading volume of 8,225,746 shares, compared to its average volume of 18,383,615. CocaCola has a 52-week low of $65.35 and a 52-week high of $82.00. The stock’s fifty day moving average price is $76.84 and its 200-day moving average price is $71.92. The company has a market capitalization of $331.00 billion, a PE ratio of 25.30, a P/E/G ratio of 3.16 and a beta of 0.35. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23.

CocaCola (NYSE:KOGet Free Report) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The business had revenue of $11.82 billion for the quarter, compared to the consensus estimate of $12.04 billion. During the same quarter last year, the business posted $0.55 earnings per share. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, research analysts expect that CocaCola will post 2.96 earnings per share for the current year.

Insider Activity at CocaCola

In other news, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the transaction, the executive vice president directly owned 17,725 shares of the company’s stock, valued at $1,371,383.25. This represents a 57.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Nancy Quan sold 23,556 shares of CocaCola stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total value of $1,872,702.00. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $17,754,735. The trade was a 9.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 892,925 shares of company stock valued at $70,254,796 over the last quarter. 0.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in CocaCola by 13.3% during the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock valued at $2,433,000 after buying an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of CocaCola by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after acquiring an additional 293 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of CocaCola in the 1st quarter worth $210,000. XTX Topco Ltd purchased a new stake in shares of CocaCola in the 2nd quarter worth $765,000. Finally, Lido Advisors LLC raised its holdings in CocaCola by 0.9% in the 2nd quarter. Lido Advisors LLC now owns 258,695 shares of the company’s stock worth $18,415,000 after purchasing an additional 2,380 shares during the period. Institutional investors own 70.26% of the company’s stock.

About CocaCola

(Get Free Report)

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.

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