Zacks Research Upgrades Embotelladora Andina (NYSE:AKO.B) to “Hold”

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

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

Embotelladora Andina Trading Down 1.2%

Embotelladora Andina stock opened at $28.55 on Thursday. Embotelladora Andina has a 12 month low of $19.18 and a 12 month high of $33.86. The stock’s 50 day simple moving average is $27.98 and its two-hundred day simple moving average is $28.43. The firm has a market cap of $4.50 billion, a PE ratio of 14.00 and a beta of 0.61.

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