Equities Analysts Issue Forecasts for Cott Corp’s Q2 2017 Earnings (BCB)

Cott Corp (TSE:BCB) (NYSE:COT) – Analysts at Jefferies Group decreased their Q2 2017 earnings per share estimates for Cott Corp in a research report issued on Tuesday. Jefferies Group analyst K. Grundy now forecasts that the company will post earnings per share of $0.21 for the quarter, down from their prior forecast of $0.22. Jefferies Group also issued estimates for Cott Corp’s Q3 2017 earnings at $0.29 EPS, FY2018 earnings at $0.65 EPS and FY2019 earnings at $0.91 EPS.

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Separately, CSFB increased their target price on shares of Cott Corp from C$12.50 to C$14.50 in a report on Wednesday, May 10th.

Shares of Cott Corp (TSE:BCB) opened at 18.76 on Thursday. The company’s market cap is $2.61 billion. Cott Corp has a 1-year low of $13.42 and a 1-year high of $22.66. The stock’s 50 day moving average is $18.15 and its 200 day moving average is $16.05.

About Cott Corp

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 operates through five operating segments: Water & Coffee Solutions; Cott North America; Cott United Kingdom (Cott U.K.), Royal Crown International (RCI) and Mexico.

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