Zacks: Embotelladora Andina SA ADR Series B (AKO.B) Given Consensus Recommendation of “Strong Sell” by Analysts

Shares of Embotelladora Andina SA ADR Series B (NYSE:AKO.B) have been assigned a consensus broker rating score of 5.00 (Strong Sell) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong sell rating.

Brokers have set a 12 month consensus price target of $24.00 for the company, according to Zacks. Zacks has also assigned Embotelladora Andina SA ADR Series B an industry rank of 221 out of 255 based on the ratings given to its competitors.

Separately, ValuEngine raised Embotelladora Andina SA ADR Series B from a “sell” rating to a “hold” rating in a report on Thursday, August 2nd.

Shares of AKO.B traded up $0.16 during mid-day trading on Friday, hitting $20.85. 400 shares of the company were exchanged, compared to its average volume of 28,226. Embotelladora Andina SA ADR Series B has a 1-year low of $19.63 and a 1-year high of $31.80. The company has a market cap of $3.22 billion, a PE ratio of 17.91 and a beta of -0.02.

Embotelladora Andina SA ADR Series B (NYSE:AKO.B) last issued its quarterly earnings data on Tuesday, July 31st. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $601.70 million during the quarter. Embotelladora Andina SA ADR Series B had a return on equity of 15.11% and a net margin of 6.81%. As a group, sell-side analysts expect that Embotelladora Andina SA ADR Series B will post 1.24 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, October 19th. Stockholders of record on Friday, October 19th were given a dividend of $0.135 per share. The ex-dividend date of this dividend was Thursday, October 18th. This represents a $0.54 annualized dividend and a dividend yield of 2.59%. Embotelladora Andina SA ADR Series B’s payout ratio is currently 46.96%.

Embotelladora Andina SA ADR Series B Company Profile

Embotelladora Andina SA engages in the production and distribution of Coca-Cola products. Its products are categorized through sparkling beverages, juice, water, sport drink, energy drink, and ice tea. The company was founded on February 7, 1946 and is headquartered in Santiago, Chile.

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