The Coca-Cola Co (NYSE:KO) a Buy: Nomura Holdings

In a research note issued to investors, Ian Shackleton at Nomura Holdings Reiterated their Buy rating on The Coca-Cola Co (NYSE:KO). The analyst placed a $54 price target on the stock which indicates a 27.45% upside to the last closing price. In the year following Shackleton’s ratings, the stocks covered yield an average return of 4.80% according to TipRanks.com. In the past year 13 out of 17 recommendations or 76% were successful.

The Coca-Cola Co (NYSE:KO) shares opened the most recent trading session at N/A and at the time of writing the last Bid was at 42.08. In the current trading session the stock reached as high as N/A and dipped down to N/A. Coca-Cola Company, a NYSE listed company, has a current market cap of 184.1B and on average over the past 3 months has seen 14904600 shares trade hands on a daily basis.

On a technical level the stock has a 50 Day Moving Average of 42.4336. Based on a recent trade, this puts the equity at -0.62% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -6.29% away from it’s 52-week high of 45.00 and +14.31% away from the stock’s low point over the past 52 weeks, which was 36.89. On a consensus basis, analysts have a one year target price of 45.36. The company last reported earnings per share of 1.60.

The consensus analyst estimates according to First Call for the next quarter is 0.61. The current year EPS estimate on the stock is 2.01 and the EPS estimate for next year sits at 2.15. In looking at the fundamentals, KO has a P/E ratio of 26.36 and a price to book ratio of 6.07. The company’s Book Value is 6.945 and most recently reported EBITDA of 12.500B. The price compared to next year’s EPS estimate in the current year is 19.61.

Company Profile

The Coca-Cola Co (NYSE:KO), The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a variety of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. It owns and markets a range of nonalcoholic sparkling beverage brands, which includes Coca-Cola, Diet Coke, Fanta and Sprite. The Company’s segments include Eurasia and Africa, Europe, Latin America, North America, Pacific, Bottling Investments and Corporate. In January 2013, Sacramento Coca-Cola Bottling Company announced that it had been acquired by the Company. Effective February 22, 2013, Coca-Cola Co acquired interest in Fresh Trading Ltd. In November 2013, Coca-Cola Company and ZICO Beverages LLC announced that Coca-Cola has acquired the ownership interest in ZICO.