Market Overview

UPDATE: UBS Raises PT to $11 on Cott on Improving Margins and Free Cash Flows

Related COT
Top 4 NYSE Stocks In The Beverages-Soft Drinks Industry With The Highest EPS Growth Forecast For Next Year
Benzinga's Top Upgrades
Cott Announces Date for Third Quarter 2015 Earnings Release and Conference Call (GuruFocus)

UBS reiterated its Buy rating on Cott (NYSE: COT) and increased its price target from $10 to $11.

UBS noted, "We do not believe that COT is trading in-line with its ability to consistently generate FCF. We are raising our EPSe to account for debt paydown (lower interest). Following the debt paydown, during which they can pay dividend and repurchase shares, we assume bigger buybacks. In the interim, Cott's margin profile should improve as efficiencies are realized and cost inflation moderates."

Cott closed at $8.10 on Friday.

Latest Ratings for COT

Sep 2015RBC CapitalUpgradesSector PerformOutperform
Jul 2015Credit SuisseInitiates Coverage onOutperform
May 2015JefferiesMaintainsHold

View More Analyst Ratings for COT
View the Latest Analyst Ratings

Posted-In: UBSAnalyst Color Price Target Intraday Update Analyst Ratings


Related Articles (COT)

View Comments and Join the Discussion!

Get Benzinga's Newsletters