Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

B of A Ups Coca-Cola To Buy From Neutral

Banc Of America raised its investment recommendation on Coca-Cola (KO) to buy from neutral on Tuesday, citing factors such as the beverage company's earnings and valuation.

Analyst Bryan Spillane sees potential $0.06 earnings per share upside in his estimate on the stock due to Coca-Cola's good momentum in the second half, among other things. Spillane noted that the emerging markets already performed strongly in the first half of the year. Meanwhile Coca-Cola stock is trading at prices near historic lows at 18.8 times Spillane's next 12-month earnings per share estimate, excluding options expenses. His $48 price target implies p-e of 20.5 times. Spillane sees the stock having $2.13 earnings per share for 2005, and $2.28 earnings per share for 2006.

blog comments powered by Disqus