Cott Corp. (TSE:PRM) Receives Consensus Rating of “Buy” from Analysts

Cott Corp. (TSE:PRM) has been given an average rating of “Buy” by the six research firms that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a strong buy recommendation to the company.

Several analysts have recently commented on PRM shares. The Goldman Sachs Group upgraded shares of Cott to a “hold” rating in a research report on Thursday, September 11th. Jefferies Financial Group raised Cott to a “hold” rating in a research note on Friday, October 17th.

Cott Stock Up 2.6%

Cott stock opened at C$14.00 on Monday. The firm has a market capitalization of C$17.02 million, a PE ratio of -7.18 and a beta of -0.34. Cott has a 52 week low of C$10.35 and a 52 week high of C$14.16. The firm’s 50-day simple moving average is C$13.19 and its 200 day simple moving average is C$12.12.

About Cott

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.