Citi rates CCL as Buy
Thursday, February 11, 2016 - 12:47
Citi analysts note supermarket scan data are suggesting Coca-Cola Amatil had a very strong Christmas with double-digit volume growth. Apparently bottled water has been a popular seller.
The analysts see this as further support for their view the company is poised to meet its guidance for the year. They do note also there has been additional marketing and deeper promotions.
Target price is $11.20 Current Price is $8.00 Difference: $3.2
If CCL meets the Citi target it will return approximately 40% (excluding dividends, fees and charges).
Do you think Citi's price target is a bit too optimistic or does any other sources confirm the following information?
- Forums
- ASX - By Stock
- Citi Price Target
Citi rates CCL as Buy Thursday, February 11, 2016 - 12:47 Citi...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online