Cott Corporation (NYSE:COT) (TSE:BCB)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a research report issued on Thursday. They currently have a $20.00 target price on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 29.28% from the stock’s previous close.

A number of other analysts have also commented on COT. BMO Capital Markets boosted their price target on Cott Corporation from $17.00 to $18.00 and gave the company an “outperform” rating in a report on Tuesday, August 1st. Stifel Nicolaus restated a “hold” rating and issued a $12.00 price target on shares of Cott Corporation in a report on Tuesday, July 25th. ValuEngine upgraded Cott Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Jefferies Group LLC boosted their price target on Cott Corporation from $14.00 to $14.25 and gave the company a “hold” rating in a report on Thursday, July 6th. Finally, Zacks Investment Research lowered Cott Corporation from a “buy” rating to a “hold” rating in a report on Monday, May 8th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Cott Corporation has an average rating of “Hold” and an average price target of $16.75.

Shares of Cott Corporation (COT) traded down 1.778% on Thursday, reaching $15.195. The company’s stock had a trading volume of 476,544 shares. The company’s 50 day moving average is $14.83 and its 200-day moving average is $12.94. The stock’s market cap is $2.11 billion. Cott Corporation has a 1-year low of $10.10 and a 1-year high of $17.38.

Cott Corporation (NYSE:COT) (TSE:BCB) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by $0.10. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $984.75 million. Cott Corporation had a negative net margin of 3.88% and a positive return on equity of 0.53%. The business’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.15 earnings per share. On average, equities analysts predict that Cott Corporation will post $0.04 earnings per share for the current fiscal year.

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Several hedge funds have recently added to or reduced their stakes in COT. FMR LLC increased its stake in Cott Corporation by 36.2% in the first quarter. FMR LLC now owns 9,745,914 shares of the company’s stock worth $120,628,000 after buying an additional 2,591,155 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Cott Corporation by 2.8% in the second quarter. Russell Investments Group Ltd. now owns 5,493,194 shares of the company’s stock worth $79,276,000 after buying an additional 151,673 shares in the last quarter. Alliancebernstein L.P. increased its stake in Cott Corporation by 157.3% in the second quarter. Alliancebernstein L.P. now owns 4,078,156 shares of the company’s stock worth $58,889,000 after buying an additional 2,493,378 shares in the last quarter. Vanguard Group Inc. increased its stake in Cott Corporation by 6.3% in the first quarter. Vanguard Group Inc. now owns 2,684,388 shares of the company’s stock worth $33,179,000 after buying an additional 159,725 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Cott Corporation by 42.8% in the first quarter. Wells Fargo & Company MN now owns 2,150,660 shares of the company’s stock worth $26,582,000 after buying an additional 645,087 shares in the last quarter.

About Cott Corporation

Cott Corp is a Canada-based company, which along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through five operating segments: Water & Coffee Solutions; Cott North America; Cott United Kingdom (Cott U.K.), Royal Crown International (RCI) and Mexico.

Analyst Recommendations for Cott Corporation (NYSE:COT)

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