The Coca-Cola Company : The decline remains the most likely outcome below the resistance
| Entry price | Target | Stop-loss | Potential |
|---|
|
US$46.49 |
US$42.1 |
US$47.15 |
+9.44% |
|---|
The return in close proximity to the resistance at 46.73 USD strongly favors a scenario in which the current stock price move comes to a stop followed by an expected pull back towards 44.57 USD.
Summary● In view of fundamental criteria, the company is among low performers as far as mid or long-term investment strategy is concerned.
● The group's activity appears highly profitable thanks to its outperforming net margins.
● The company is one of the best yield companies with high dividend expectations.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The stock is close to a major daily resistance at USD 46.73, which should be gotten rid of so as to gain new appreciation potential.
● According to Thomson-Reuters' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
● The group shows a rather high level of debt in proportion to its EBITDA.
● The company's earnings releases usually do not meet expectations.
● The company's "enterprise value to sales" ratio is among the highest in the world.
● The firm trades with high earnings multiples: 24.41 times its 2018 earnings per share.
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THE COCA-COLA COMPANY 
