Alert: Major Price Advance (3/1/24)-Embotelladora Andina SA (NYSE: AKO.B).

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Embotelladora Andina SA (NYSE: AKO.B) stock closed at $16.41 on 3/1/24 after a major increase of 10.1%. Moreover, trading volume in this advance was exceptionally high at 435% of normal. The stock has risen 10.7% during the last week and has performed in line with the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, AKO.B is expected to continue to be a major Value Builder.

Embotelladora Andina has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Embotelladora Andina has a slightly negative Appreciation Score of 40 and a neutral Power Rating of 56, and the Low Neutral Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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