Wall Street brokerages rate Coca-Cola near Strong Buy while consensus earnings estimates hold at $3.29.
The Coca-Cola Company carries an average brokerage recommendation of 1.46 on a 1 to 5 scale, according to data published by Zacks Investment Research. That score places the consensus between Strong Buy and Buy across 26 tracked brokerage firms.
Out of the 26 recommendations, 19 firms assign a Strong Buy rating, representing 73.1% of the total. Two firms rate the stock as a Buy, accounting for 7.7% of coverage.
Despite the upbeat brokerage stance, Zacks Investment Research notes that its quantitative model rates Coca-Cola at Zacks Rank #3 (Hold). The Zacks consensus earnings estimate for the current year remained unchanged over the past month at $3.29 per share.
Share prices can rise and fall. Past performance does not guarantee future results. This article is news, not investment advice.
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