Coca-Cola's Strong Exposure To Emerging Markets Is Key To Sustainable Growth, Says Bullish Analyst
Coca-Cola's Strong Exposure To Emerging Markets Is Key To Sustainable Growth, Says Bullish Analyst
Coca-Cola Co (NYSE:KO) has both attractive and sustainable growth drivers, with the North and Latin American regions driving attractive growth and exposure to emerging markets being a driver of sustainable long-term growth, according to Piper Sandler.
可口可乐公司(纽交所:KO)具有吸引力和可持续的增长动力,北美和拉丁美洲地区驱动了吸引人的增长,而对新兴市场的曝光是可持续长期增长的动力,派杰投资表示。
The Coca-Cola Analyst: Analyst Michael Lavery initiated coverage of Coca-Cola with an Overweight rating and a price target of $74.
可口可乐分析师:分析师迈克尔·拉弗里对可口可乐进行了覆盖,给予了超配评级,目标价为74美元。
The Coca-Cola Thesis: North America and LatAm contribute around 70% of the company's EBIT and have been the key drivers of growth over the last few years, Lavery said in the initiation note.
可口可乐论点:北美和拉丁美洲约占公司EBIt的70%,并且在过去几年中一直是增长的主要驱动力,拉弗里在启动报告中表示。
Check out other analyst stock ratings.
查看其他分析师的股票评级。
Coca-Cola has significant exposure to emerging markets, which represent "a large, sustainable long-term growth driver," the analyst wrote. In these markets, around 68% of the population do not drink any commercial beverage and this opportunity represents around 4.5 times Coca-Cola's current consumer base, he added.
可口可乐在新兴市场的曝光显著,这些市场代表了"一个大型、可持续的长期增长动力,"分析师写道。在这些市场,大约68%的人口不饮用任何商业饮料,而这个机会约为可口可乐当前消费基础的4.5倍,他补充道。
"Population growth and rising EM incomes help drive sustainable volume and pricing gains," Lavery further wrote.
"人口增长和收入提高有助于推动可持续的成交量和价格增长,"拉弗里进一步写道。
The franchised bottling system that allows Coca-Cola to focus on brand building and strong marketing "is the key driver of KO's long-term growth algorithm and its best-in-class global brands," the analyst said.
特许经营的瓶装系统让可口可乐能够专注于品牌建设和强大的市场营销"是KO长期增长算法的关键驱动力,也是其最优秀的全球品牌,"分析师表示。
KO Price Action: Shares of Coca-Cola had risen by 0.61% to $61.18 at the time of publication on Tuesday.
KO价格走势:在发布时,可口可乐的股价上涨了0.61%,达到61.18美元。
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