Stock price when the opinion was issued
Brand strength, pricing power, geographic diversification. Big potential expansion in coffee. Really gets local culture. Chart shows a bit of resistance at this level, and we want to see it get through that. Whole chart is decent. Down less than the market these last few days. Beverage sector is pretty defensive and predictable. Metrics look pretty good. Yield is 2.82%.
(Analysts’ price target is $75.38)
Really hasn’t been a great performer for a long, long period of time. The problem is that they are selling sugar water, and people are drinking less and less of that. They make $.005 a can, and that is getting more and more challenging. They got in the water business in a big way, which is turning out to be a bit of a problem with more and more municipalities pushing back against bottled water.