JPMorgan has adjusted its price target for Coca-Cola (KO, Financial) shares, increasing it from $74 to $78, while maintaining an Overweight rating. This update comes as the company prepares to release its first-quarter earnings on April 29.
Despite facing challenges such as tariffs and broader economic pressures, Coca-Cola is viewed as a resilient investment option. The company is projected to achieve one of the highest sales growth rates among its competitors by 2025. JPMorgan acknowledges that Coca-Cola is a popular choice among investors but believes it continues to serve as a stable investment during uncertain times.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 25 analysts, the average target price for Coca-Cola Co (KO, Financial) is $75.76 with a high estimate of $85.00 and a low estimate of $59.60. The average target implies an upside of 3.78% from the current price of $73.00. More detailed estimate data can be found on the Coca-Cola Co (KO) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Coca-Cola Co's (KO, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Coca-Cola Co (KO, Financial) in one year is $69.13, suggesting a downside of 5.3% from the current price of $73. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Coca-Cola Co (KO) Summary page.
