Date | Price Target | Rating | Analyst |
---|---|---|---|
6/24/2024 | $72.00 | Outperform | Exane BNP Paribas |
1/17/2024 | $67.00 → $68.00 | Buy | Citigroup |
11/13/2023 | $64.00 | Hold | Jefferies |
7/14/2023 | $68.00 → $67.00 | Overweight | JP Morgan |
2/17/2023 | $68.00 | Buy | Citigroup |
2/15/2023 | $62.00 → $63.00 | Hold | Deutsche Bank |
2/15/2023 | $70.00 → $68.00 | Overweight | Wells Fargo |
2/15/2023 | $68.00 → $70.00 | Overweight | Morgan Stanley |
The Board of Directors of The Coca-Cola Company today announced the election of a new corporate officer, along with declaring the company's regular quarterly dividend. Carlos Pagoaga has been elected as a vice president of the company. Pagoaga serves as Vice President of Global Community Affairs and President of The Coca-Cola Foundation. Pagoaga's new role with Global Community Affairs and the Foundation was announced in May, and he began his duties June 1. Pagoaga manages all Foundation operations, which includes grant making; financial requirements; and regulatory compliance for domestic and international philanthropy. He previously served as the Foundation's Senior Director, circ
Global Unit Case Volume Grew 2% Net Revenues Grew 3%; Organic Revenues (Non-GAAP) Grew 15% Operating Income Grew 10%; Comparable Currency Neutral Operating Income (Non-GAAP) Grew 18% Operating Margin Was 21.3% Versus 20.1% in the Prior Year; Comparable Operating Margin (Non-GAAP) Was 32.8% Versus 31.6% in the Prior Year EPS Declined 5% to $0.56; Comparable EPS (Non-GAAP) Grew 7% to $0.84 The Coca-Cola Company today reported second quarter 2024 results that demonstrate continued momentum in an industry with many growth opportunities. "We are encouraged with our second quarter results, which delivered solid topline and operating income growth in an ever-changing landscape," said Jam
The Coca-Cola Company today announced it will release second quarter 2024 financial results July 23 before the New York Stock Exchange opens. The release will be followed by an investor conference call at 8:30 a.m. ET to discuss the results. The company invites investors to join a webcast at www.cocacolacompany.com/investors. Downloadable files, as well as a transcript, will be available within 24 hours after the call on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-
Customers can indulge in the limited-time Coca-Cola® OREOTM Zero Sugar Slurpee drink flavor in participating stores now IRVING, Texas, Sept. 3, 2024 /PRNewswire/ -- 7-Eleven, Inc. is stirring up excitement with a daring new Slurpee® drink flavor: Coca-Cola© OREOTM Zero Sugar, exclusively available at participating 7-Eleven®, Speedway® and Stripes® stores nationwide. This unexpected flavor combination caps off this year's exciting Slurpee season, including the brand's annual Slurpee Day celebration. The new Slurpee drink flavor release is inspired by Coca-Cola© and OREO's© upco
The Coca-Cola Company announced today that John Murphy, President and Chief Financial Officer, and Henrique Braun, Executive Vice President and President, International Development, will present at the Barclays Global Consumer Staples Conference in Boston Sept. 5 at 11:15 a.m. ET. The company invites investors to join a webcast for this event at coca-colacompany.com/investors. Downloadable files, as well as a transcript, will be available within 24 hours after the event on the company's website. About The Coca-Cola Company The Coca-Cola Company (NYSE:KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the w
ATLANTA and EAST HANOVER, N.J., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Coca-Cola® and the OREO® brands have teamed up as "Besties" to create two exclusive and limited-edition products: OREO® Coca-Cola™ Sandwich Cookie and Coca-Cola® OREO™ Zero Sugar Limited Edition. Inspired by besties around the world, the two iconic brands are, for a limited time, sparking celebration amongst besties with the launch of two legendary products and several unique digital and physical experiences. The significance of celebrating friendships has never been more pertinent, and the brands are championing this by introducing "Besties," a partnership celebrating what it means to be "Besties." Besties often become a
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Truist Securities analyst Bill Chappell maintains Coca-Cola (NYSE:KO) with a Buy and raises the price target from $65 to $70.
Citigroup analyst Filippo Falorni maintains Coca-Cola (NYSE:KO) with a Buy and raises the price target from $72 to $75.
On Tuesday, Coca-Cola Company (NYSE:KO) reported second-quarter FY24 sales growth of 3% year-on-year to $12.4 billion, beating the analyst consensus estimate of $11.753 billion. Below are comments from analysts along with current ratings and price targets. BofA Securities – Reiterates Buy, $70 price target Analyst Bryan D. Spillane said that despite a challenging fundamental consumer staples backdrop, underlying results for the quarter and 1H24 are at the top end of the plan, driven by balanced sales growth. The analyst sees the second quarter as a textbook quarter for how Coke’s operating model is capable of weathering macroeconomic uncertainties on multiple fronts. Risks li
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Exane BNP Paribas initiated coverage of Coca-Cola with a rating of Outperform and set a new price target of $72.00
Citigroup reiterated coverage of Coca-Cola with a rating of Buy and set a new price target of $68.00 from $67.00 previously
Jefferies initiated coverage of Coca-Cola with a rating of Hold and set a new price target of $64.00
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The Coca-Cola Company and Bacardi Limited today announced an agreement to debut BACARDÍ rum and Coca-Cola as a ready-to-drink (RTD) pre-mixed cocktail. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240917932386/en/BACARDÍ rum and Coca-Cola ready-to-drink (RTD) pre-mixed cocktail (Photo: Business Wire) BACARDÍ Mixed with Coca-Cola RTD will be available in several markets around the world, with the initial launch planned for select European markets and Mexico in 2025. "We are continuing to develop our portfolio as a total beverage company, including in the growing alcohol ready-to-drink market," said James Quincey, Chairman and C
Guests invited to conjure up their own Coca-Cola® custom flavor blends and get a taste of the biggest movies releases with limited time offerings for Warner Bros. Pictures' BEETLEJUICE BEETLEJUICE and more! HONOLULU, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Consolidated Theatres, an affiliate of Reading International, Inc. (NASDAQ:RDI), is unveiling a new custom beverage flavor created by the refreshment experts at Coca-Cola® exclusively for Consolidated Theatres. A proprietary blend featuring Fanta® Cherry, Vanilla, and Lime flavors, the thirst-quenching "Consolidated Theatres Island Punch" debuts with the arrival of state-of-the-art Coca-Cola Freestyle® beverage fountains at Consolidated Th
Customers can indulge in the limited-time Coca-Cola® OREOTM Zero Sugar Slurpee drink flavor in participating stores now IRVING, Texas, Sept. 3, 2024 /PRNewswire/ -- 7-Eleven, Inc. is stirring up excitement with a daring new Slurpee® drink flavor: Coca-Cola© OREOTM Zero Sugar, exclusively available at participating 7-Eleven®, Speedway® and Stripes® stores nationwide. This unexpected flavor combination caps off this year's exciting Slurpee season, including the brand's annual Slurpee Day celebration. The new Slurpee drink flavor release is inspired by Coca-Cola© and OREO's© upco