Cott Corp. (TSE:PRM) Receives Average Recommendation of “Strong Buy” from Analysts

Cott Corp. (TSE:PRM) has received an average recommendation of “Strong Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have issued a strong buy rating on the company.

Separately, The Goldman Sachs Group raised Cott to a “hold” rating in a research note on Thursday, September 11th.

Cott Trading Down 2.6%

Shares of PRM opened at C$12.24 on Wednesday. The company has a market capitalization of C$14.88 million, a PE ratio of -6.28 and a beta of -0.34. Cott has a 12 month low of C$10.35 and a 12 month high of C$14.29. The stock’s 50-day moving average price is C$11.67 and its two-hundred day moving average price is C$11.56.

Cott Company Profile

The investment objectives for the Preferred shares are to provide their holders with fixed cumulative preferential quarterly cash distributions in the amount of $0.125 per Preferred share. Fund will invest in an initially equally-weighted portfolio comprised of Equity Securities of ten issuers, selected by the Portfolio Manager from the Investable Universe, that at the time of investment and immediately following each semi-annual reconstitution and rebalancing are listed on a North American exchange pay a dividend and have options in respect of its Equity Securities that, in the opinion of the Portfolio Manager, are sufficiently liquid to permit the Portfolio Manager to write options in respect of such securities.