Embotelladora Andina (NYSE:AKO.B) Shares Gap Up – Should You Buy?

Embotelladora Andina S.A. (NYSE:AKO.B) shares gapped up prior to trading on Friday . The stock had previously closed at $29.36, but opened at $31.99. Embotelladora Andina shares last traded at $30.30, with a volume of 470 shares.

Analysts Set New Price Targets

AKO.B has been the subject of several research reports. Wall Street Zen upgraded Embotelladora Andina from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. Zacks Research upgraded Embotelladora Andina to a “hold” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Embotelladora Andina has a consensus rating of “Buy”.

Embotelladora Andina Stock Performance

The stock has a market capitalization of $4.72 billion, a P/E ratio of 14.65 and a beta of 0.61. The stock has a 50 day moving average of $28.16 and a 200 day moving average of $28.50.

Embotelladora Andina (NYSE:AKO.B) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $999.00 EPS for the quarter. The firm had revenue of $1.04 billion during the quarter. Embotelladora Andina had a return on equity of 24.47% and a net margin of 8.70%. On average, research analysts anticipate that Embotelladora Andina S.A. will post 2.14 EPS for the current fiscal year.

About Embotelladora Andina

Embotelladora Andina SA, together with its subsidiaries, produces, markets, and distributes Coca-Cola soft drinks in Chile, Brazil, Argentina, and Paraguay. It also offers fruit-flavored beverages, juices, sports and energy drinks, ice tea, and bottled water. Embotelladora Andina SA was founded in 1946 and is headquartered in Santiago, Chile.