Embotelladora Andina (NYSE:AKO.B) Raised to Hold at Zacks Research

Embotelladora Andina (NYSE:AKO.B) was upgraded by equities researchers at Zacks Research to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Separately, Wall Street Zen raised shares of Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Embotelladora Andina Stock Performance

AKO.B stock opened at $28.55 on Thursday. The firm has a market cap of $4.50 billion, a PE ratio of 14.00 and a beta of 0.61. The firm’s 50 day moving average price is $27.98 and its 200-day moving average price is $28.43. Embotelladora Andina has a one year low of $19.18 and a one year high of $33.86.

Embotelladora Andina (NYSE:AKO.B) last released its quarterly earnings results on Tuesday, April 28th. The company reported $999.00 EPS for the quarter. The firm had revenue of $1.04 billion for the quarter. Embotelladora Andina had a net margin of 8.70% and a return on equity of 24.47%. Equities research analysts predict that Embotelladora Andina will post 2.14 EPS for the current fiscal year.

Embotelladora Andina Company Profile

Embotelladora Andina SA, together with its subsidiaries, produces, markets, and distributes Coca-Cola soft drinks in Chile, Brazil, Argentina, and Paraguay. It also offers fruit-flavored beverages, juices, sports and energy drinks, ice tea, and bottled water. Embotelladora Andina SA was founded in 1946 and is headquartered in Santiago, Chile.