How Analysts Feel About Cott Corp (USA) (COT) After Touching 52-Week High?

November 21, 2017 - By Maria Brooks

Investors sentiment decreased to 0.86 in Q2 2017. Its down 0.39, from 1.25 in 2017Q1. It dropped, as 16 investors sold Cott Corp (USA) shares while 43 reduced holdings. 16 funds opened positions while 35 raised stakes. 95.15 million shares or 3.85% less from 98.95 million shares in 2017Q1 were reported.
Savings Bank Of Montreal Can holds 0% or 330,305 shares. Peak6 Investments Lp holds 0.01% or 70,990 shares in its portfolio. Lord Abbett Llc holds 0.07% or 1.55 million shares in its portfolio. Davis reported 73,742 shares. Invesco Limited holds 0% or 15,736 shares in its portfolio. Cibc World owns 861,227 shares for 0.05% of their portfolio. Citigroup invested in 3,265 shares or 0% of the stock. Acadian Asset Mgmt holds 0% or 19 shares. Dimensional Fund Limited Partnership reported 601,216 shares. Scotia Capital stated it has 0.01% in Cott Corp (USA) (NYSE:COT). Natl Bank Of America Corporation De accumulated 321,158 shares. Millennium Ltd Liability Corporation accumulated 0.08% or 3.19M shares. Tobam has invested 0.12% in Cott Corp (USA) (NYSE:COT). Moreover, Pinnacle Limited has 0.01% invested in Cott Corp (USA) (NYSE:COT). Investors Asset Mgmt Of Georgia Ga Adv has 0.36% invested in Cott Corp (USA) (NYSE:COT) for 35,815 shares.

The stock of Cott Corp (USA) (NYSE:COT) hit a new 52-week high and has $18.89 target or 9.00 % above today’s $17.33 share price. The 5 months bullish chart indicates low risk for the $2.41B company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $18.89 price target is reached, the company will be worth $216.90M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

About 282,922 shares traded. Cott Corp (USA) (NYSE:COT) has declined 10.50% since November 21, 2016 and is downtrending. It has underperformed by 27.20% the S&P500.

Analysts expect Cott Corp (USA) (NYSE:COT) to report $0.03 EPS on February, 22.They anticipate $0.02 EPS change or 200.00 % from last quarter’s $0.01 EPS. COT’s profit would be $4.18M giving it 144.67 P/E if the $0.03 EPS is correct. After having $0.06 EPS previously, Cott Corp (USA)’s analysts see -50.00 % EPS growth.

Cott Corp (USA) (NYSE:COT) Ratings Coverage

Among 11 analysts covering Cott Corporation (NYSE:COT), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Cott Corporation has $2000 highest and $11 lowest target. $16.80’s average target is -3.06% below currents $17.33 stock price. Cott Corporation had 37 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, July 25 report. The stock of Cott Corp (USA) (NYSE:COT) earned “Hold” rating by Jefferies on Tuesday, June 20. The firm earned “Buy” rating on Wednesday, June 8 by Citigroup. RBC Capital Markets maintained Cott Corp (USA) (NYSE:COT) rating on Monday, August 3. RBC Capital Markets has “Sector Perform” rating and $11 target. Jefferies maintained Cott Corp (USA) (NYSE:COT) rating on Friday, October 6. Jefferies has “Hold” rating and $16.0 target. BMO Capital Markets maintained Cott Corp (USA) (NYSE:COT) rating on Thursday, November 9. BMO Capital Markets has “Buy” rating and $18.0 target. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, December 6. Jefferies maintained Cott Corp (USA) (NYSE:COT) on Tuesday, September 5 with “Hold” rating. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, September 8. The stock of Cott Corp (USA) (NYSE:COT) has “Hold” rating given on Thursday, April 14 by Stifel Nicolaus.

More important recent Cott Corp (USA) (NYSE:COT) news were published by: Fool.ca which released: “Can Cott Corporation Regain its Fizz?” on March 23, 2017, also Fool.ca published article titled: “Has Cott Corporation Gone Flat?”, Fool.ca published: “Why Investors May Want to Buy Cott Corp. as it Reinvents Itself” on August 08, 2017. More interesting news about Cott Corp (USA) (NYSE:COT) was released by: Benzinga.com and their article: “Cott, Walmart, And An ETF: ‘Fast Money’ Final Picks” with publication date: November 16, 2017.

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 has market cap of $2.41 billion. The Firm operates through five operating divisions: Water & Coffee Solutions; Cott North America; Cott United Kingdom , Royal Crown International (RCI) and Mexico. It currently has negative earnings. Water & Coffee Solutions segment provides direct-to-consumer products, such as bottled water, coffee, brewed tea, water dispensers, coffee and tea brewers, and filtration equipment.

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