Embotelladora Andina (NYSE:AKO.B) Raised to Hold at Zacks Research

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

Separately, Wall Street Zen upgraded shares of Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Embotelladora Andina Stock Down 1.2%

Shares of NYSE AKO.B opened at $28.55 on Thursday. The company’s 50-day simple moving average is $27.98 and its 200-day simple moving average is $28.43. Embotelladora Andina has a 52-week low of $19.18 and a 52-week high of $33.86. The firm has a market cap of $4.50 billion, a price-to-earnings ratio of 14.00 and a beta of 0.61.

Embotelladora Andina (NYSE:AKO.B) last announced its earnings results on Tuesday, April 28th. The company reported $999.00 earnings per share (EPS) for the quarter. Embotelladora Andina had a net margin of 8.70% and a return on equity of 24.47%. The business had revenue of $1.04 billion for the quarter. Equities research analysts anticipate that Embotelladora Andina will post 2.14 EPS for the current fiscal 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.