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

Zacks Research upgraded shares of Embotelladora Andina (NYSE:AKO.B) 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 company’s stock. According to data from MarketBeat.com, Embotelladora Andina currently has an average rating of “Buy”.

Embotelladora Andina Stock Performance

NYSE AKO.B opened at $28.55 on Thursday. The business has a fifty day moving average price of $27.98 and a 200 day moving average price of $28.43. The company has a market cap of $4.50 billion, a P/E ratio of 14.00 and a beta of 0.61. Embotelladora Andina has a one year low of $19.18 and a one year high of $33.86.

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 company had revenue of $1.04 billion for the quarter. As a group, sell-side analysts predict that Embotelladora Andina will post 2.14 EPS for the current fiscal year.

About Embotelladora Andina

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.