Latest news with #RobertOttenstein
Business Insider
28-05-2025
- Business
- Business Insider
Is Coca-Cola Stock (KO) a Buy In 2025?
Coca-Cola (KO) stock is a top performer in the consumer defensive segment. This may have some investors wondering if the soda stock is worth buying as inflation, tariffs, and other economic concerns weigh on the market. Confident Investing Starts Here: The good news for Coca-Cola shareholders is that the company's stock has managed to avoid falling due to market pressure. That's resulted in a 16.02% increase for KO stock year-to-date. For perspective, the S&P 500 (SPX) has dropped 1.34%, the Dow Jones Industrial Average (DJIA) has fallen 2.21%, and the Nasdaq 100 (NDX) has decreased 0.46% since the start of the year. KO stock has taken a break from its 2025 rally today, with the shares down 0.11% as of this writing. Investors might consider buying the stock on the dip, or waiting for a larger one before taking a stake in the beverage company. Recent KO Stock Analyst Coverage The strong 2025 performance of Coca-Cola stock has attracted recent bullish coverage from analysts. That includes Evercore ISI analyst Robert Ottenstein, who reiterated a Buy rating and $80 price target for KO stock, suggesting a potential 11.53% upside for the shares. Ottenstein isn't even the most bullish analyst that has covered KO stock in 2025. The high forecast for the shares is $86, implying a possible 19.89% upside. On the flip side, the most bearish price target is $70, which would represent a 2.41% downside. Is KO Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Coca-Cola is Strong Buy, based on 15 Buy and one Hold ratings over the past three months. With that comes an average KO stock price target of $79.33, representing a potential 10.6% upside for the shares.
Business Insider
27-05-2025
- Business
- Business Insider
Coca-Cola (KO) Tackles Plastic Pollution Problem with Reverse Vending Machines
Coca-Cola (KO) has developed a new reverse vending machine that will hopefully take some heat off the soda company as the world's biggest plastic polluter. These new vending machines rolled out in India and they allow consumers to turn in their used Coca-Cola bottles and cans. Doing so stores and compacts the products before they are shipped off for recycling. Confident Investing Starts Here: Coca-Cola understands that consumers need incentives to recycle their bottles. To encourage this, the company has introduced a loyalty app for using the reverse vending machines. Consumers who do so can build up loyalty points, which can be redeemed for discounts when purchasing Coca-Cola products. Rajesh Ayapilla, a senior director at Coca-Cola India and South West Asia, said, 'By introducing reverse vending machines in Puri, we're enabling people to take simple yet meaningful steps to make recycling part of everyday behavior.' Recent KO Stock Analyst Coverage Evercore ISI analyst Robert Ottenstein updated his coverage of KO stock last week. He reiterated a Buy rating and $80 price target for the shares, representing a potential 11.47% upside. Consumer interest in Coca-Cola remains high, as the drink is the favorite of U.S. consumers. Coca-Cola also has the third-most popular drink with Sprite. It has sought to continue this dominance with new flavors, such as Sprite+Tea, and has been helped by viral marketing campaigns and trends, such as allegedly using Coca-Cola to cure a migraine. Is KO Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Coca-Cola is Strong Buy, based on 15 Buy and one Hold ratings over the last three months. With that comes an average KO stock price target of $79.33, representing a potential 10.53% upside for the shares.
Business Insider
22-05-2025
- Business
- Business Insider
Coca-Cola Wins an Award It Doesn't Want
Coca-Cola (KO) has been named the 'Worst Plastic Polluter' by nonprofit conservation organization Oceana for the sixth year in a row. While that's not an award the beverage company likely wanted to win, it does speak to its success. Confident Investing Starts Here: On one hand, Coca-Cola was granted the title of Worst Plastic Polluter as it generates more than 100 billion single-use plastic bottles annually. Looked at through a different lens, Coca-Cola is the top soda company in the U.S. thanks to the large demand for its products. The downside? Many of those plastic bottles end up in landfills. Coca-Cola securing the top spot on a plastic pollution contest is no surprise. Its signature drink has the largest market share in the U.S. at 19%. On top of that, Sprite, another of the company's sodas, was the third most popular U.S. soft drink at 8.03%. With more than a quarter of consumers preferring Coca-Cola's products, the Worst Plastic Polluter moniker is a case of the company suffering from success. Analysts Continue to Favor KO Stock It's no surprise that analysts largely love Coca-Cola stock. The company's shares have rallied 15.89% year-to-date and are up 13.79% over the last 52 weeks. This resilience in the face of economic uncertainty has made it a favorite of analysts. For example, Evercore ISI analyst Robert Ottenstein just reiterated a Buy rating and $80 price target for KO shares. That has the analysts expecting a potential 11.69% upside for the stock. Is KO Stock a Buy, Sell, or Hold? Turning to Wall Street, the analyst's consensus rating for Coca-Cola is Moderate Buy, based on 16 Buy and one Hold rating over the last three months. With that comes an average KO stock price target of $79.33, representing a potential 10.75% upside for the shares.
