- Coca-Cola (KO, Financial) is demonstrating financial strength with a 3% rise in year-over-year revenue.
- The company’s dividend growth continues to attract long-term investors.
- Analysts forecast an average price increase, leading to an "Outperform" recommendation.
Coca-Cola (KO) continues to impress investors with its robust financial performance and commitment to shareholder returns through consistent dividend growth. The iconic beverage company recorded a 3% increase in total revenue year over year, driven by a 12% rise in organic revenue. This growth reflects Coca-Cola’s effective management and innovative product strategies, which help sustain its market-leading position. The consistent dividend hikes further solidify its appeal as a staple for long-term investment portfolios.
Wall Street Analysts Forecast
Based on assessments from 25 Wall Street analysts, the average one-year price target for Coca-Cola Co (KO, Financial) is set at $75.32. The projections vary, with a high estimate reaching $85.00 and a low of $59.60. This average target signifies a potential upside of 7.70% from its current price of $69.93. To delve deeper into these estimates, visit the Coca-Cola Co (KO) Forecast page.
In terms of brokerage recommendations, Coca-Cola Co (KO, Financial) maintains a strong position. The average rating from 28 firms stands at 2.0, equating to an "Outperform" status. This rating is based on a 1 to 5 scale, where 1 indicates a Strong Buy and 5 represents a Sell.
According to GuruFocus estimates, the projected GF Value for Coca-Cola Co (KO, Financial) in the upcoming year is $69.10. This suggests a slight downside of 1.19% relative to its current market price of $69.93. The GF Value represents GuruFocus' calculation of the fair trade value, derived from the stock's historical trading multiples, past business growth, and future performance estimates. For a comprehensive analysis, refer to the Coca-Cola Co (KO) Summary page.
Also check out: (Free Trial)
