What is the credit rating of Coca Cola S&P? (2024)

What is the credit rating of Coca Cola S&P?

S&P Global Ratings affirms The Coca-Cola Company at "A+" (Foreign Currency LT credit rating); outlook stable. S&P Global Ratings affirmed the "A+" Foreign Currency LT credit rating of The Coca-Cola Company on October 25, 2023. The outlook is stable.

What is the rating of Coca-Cola in 2023?

Fitch Ratings - Chicago - 15 Nov 2023: Fitch Ratings has affirmed all ratings for The Coca-Cola Company (Coca-Cola) and related entities, including the Long-Term Issuer Default Ratings (IDR) at 'A' with a Stable Rating Outlook, and Coca-Cola's Short-Term IDR at 'F1', and simultaneously withdrawn its ratings.

What is the rating of Coca-Cola?

Summary. DBRS Limited (DBRS) confirmed the Issuer Rating and Senior Unsecured Debt ratings of The Coca-Cola Company (Coke or the Company) at A (high) and the Company's Short-Term Issuer Rating at R-1 (low). All trends are Stable.

What is the credit rating scale for S&P?

Investment Grade: AAA, AA, A, BBB (from best quality to good quality but somewhat vulnerable to changing economic conditions). Non-Investment Grade (also referred to as Junk): BB, B, CCC, CC, C (speculative; from the least degree of speculation to the highest degree); D (in payment default).

What is Coca-Cola consolidated credit rating?

U.S.–based Coca-Cola Consolidated, Inc.'s (CCCI) operating performance and leverage are in line with our expectations. We are affirming our ratings on CCCI, including our 'BBB' issuer credit rating.

What is the 5 year forecast for Coca-Cola?

Coca-Cola stock price stood at $60.04

According to the latest long-term forecast, Coca-Cola price will hit $65 by the end of 2024 and then $70 by the middle of 2026. Coca-Cola will rise to $80 within the year of 2027, $95 in 2028, $100 in 2029, $110 in 2030 and $125 in 2033.

Will Coca-Cola be successful in the future?

Key Points. Coca-Cola's solid revenue growth and earnings per share increase signal a financially robust future. The company's varied product range underlines its adaptability and market dominance. Coke's strategic agility and growth forecasts position it as a wise investment for 2024.

What is Moody's rating for Coca-Cola?

Moody's Investors Service affirms The Coca-Cola Company at "A1" (LT- foreign currency credit rating); outlook stable. Moody's Investors Service affirmed the "A1" LT- foreign currency credit rating of The Coca-Cola Company on June 6, 2023. The outlook is stable.

Is Coca-Cola financially stable?

Key Points. Coca-Cola experienced revenue growth in 2023 with Q3 sales rising 8% year over year. The company made strategic shifts to boost performance, such as cutting the number of brands. Its financials are looking good, including a $636 million year-over-year increase in free cash flow.

Where does Coca-Cola rank in top companies?

Our annual ranking of America's largest corporations
RankCompany500 rank
1Coca-Cola59
2Coca-Cola Enterprises324
3Dr Pepper Snapple Group417

What is a 1 rating S&P?

A-1 An obligor rated 'A-1' has strong capacity to meet its financial commitments. It is rated in the highest category by S&P Global Ratings. Within this category, certain obligors are designated with a plus sign (+). This indicates that the obligor's capacity to meet its financial commitments is extremely strong.

How do I find a company's credit rating?

Bloomberg enter [company ticker]<EQUITY>CRPR<GO> to find ratings from the major rating companies or go enter [company ticker]<CORP><GO> and select a specific bond to view the rating.

What is S&P and Moody's credit rating?

Standard & Poor's (S&P) Moody's and Fitch are the three most significant rating agencies in the world. These agencies rate the creditworthiness of countries and private enterprises. “AAA” or “Aaa” is the highest rating across all three rating agencies and indicates the highest level of creditworthiness.

What is the difference between Coca-Cola Consolidated and Coca-Cola?

The Coca-Cola Company (KO) is the parent entity that owns the brands and formulas, whereas Coca-Cola Consolidated (COKE) is a regional bottler and distributor. Sources: Coca-Cola Consolidated, Inc. 2020 Annual Report.

Does Warren Buffett own Coca-Cola Consolidated?

Warren Buffett Coca-Cola Co

The investor owns 9.38% of the outstanding Coca-Cola stock. The first Coca-Cola trade was made in Q4 1998. Since then Warren Buffett bought shares ten more times and sold shares on eight occasions. The stake costed the investor $13.2 Billion, netting the investor a gain of 84% so far.

Who took credit for Coca-Cola?

In 1892, Asa Candler became the sole proprietor of Coca‑Cola after purchasing the rights to the business. Then, in 1919, Ernest Woodruff and a group of investors purchased the company from Candler and his family. To finance the purchase, Woodruff arranged a loan, using the secret formula as collateral.

Would Coca-Cola be a good investment?

Coca-Cola provides security, value, and passive income, and it's about as reliable as a dividend stock can be. Those are worthwhile qualities. It also works as a hedge in challenging times, as illustrated by its market-beating performance last year.

What will Coca-Cola be worth in 2030?

Long-Term Coca-Cola Consolidated Stock Price Predictions
YearPredictionChange
2027$ 2,152.45143.66%
2028$ 2,896.41227.88%
2029$ 3,897.53341.21%
2030$ 5,244.66493.70%
2 more rows

What is the Coca-Cola strategy 2025?

Focusing on a world without waste

Making all our packaging more sustainable and 100% recyclable globally by 2025 and use at least 50% recycled material in our packaging by 2030.

Is Coke a good long term stock?

The board of directors deems dividends so important, they have raised them for 61 straight years. That makes Coca-Cola part of the esteemed Dividend Kings, a stock that has increased payments annually for at least half a century. Coca-Cola's stock has a 3.1% dividend yield, more than double the S&P 500's 1.5%.

Is Coca-Cola a long term investment?

Coca-Cola is still a reliable long-term investment, but its shares will likely underperform the market over the next 12 months for two simple reasons. First, a stabilization in interest rates and the broader macro environment will likely drive investors back toward either deep-value stocks or higher-growth stocks.

Which country owns the Coke company?

The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes.

What is Pepsi's credit rating?

A+ / A1

What is the highest credit rating for companies?

A triple-A (AAA) is the highest credit quality. A C or D (depending on the agency issuing the rating) is the lowest or junk quality.

What is AAA rating by Moody's?

Aaa Obligations rated Aaa are judged to be of the highest quality, subject to the lowest level of credit risk. Aa Obligations rated Aa are judged to be of high quality and are subject to very low credit risk. A Obligations rated A are judged to be upper-medium grade and are subject to low credit risk.

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