Coca Cola – FY18 Earnings

Coca Cola is under Algo Engine sell conditions and there was nothing in yesterday’s FY18 earnings release that would suggest a recovery is near. FY18 NPAT earnings fell 7% to $388.

We look for the CCL share price to remain weak and $7.50 is the next level of support based on a stable dividend outlook.

You're not a member!  Trial today!



Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2020 Investor Signals