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$13.30 coca-cola amatil limited

so ~10% pa over 2 years plus dividends

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_5had0w_

2,364 Posts.

262

21/09/20

19:43

Post #: 47514607
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Originally posted by morganp: ↑

Credit Suisserates CCL asOutperform(1) -
Credit Suisse points out Coca-Cola Amatil's cost reduction programs over 2019-22 should reduce the cost base by -$120m. The broker assesses these will be directed towards discretionary spending.

The company is recovering in the on-the-go channel sales in places where covid-19 restrictions have been relaxed, observes the broker. 2022 group sales are expected to be just slightly less than in 2019.

Credit Suisse retains its Outperform rating with the target decreasing to $10.95 from $11.25.

Target price is$10.95Current Price is$9.08Difference:$1.87
IfCCLmeets the Credit Suisse target it will return approximately21%(excluding dividends, fees and charges).

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so ~10% pa over 2 years plus dividends

Last edited by _5had0w_: 21/09/20

CCL Price at posting: $9.20 Sentiment: Buy Disclosure: Not Held
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0 Great analysis

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