RBC Capital Markets sustained their Outperform rating and $69.00 price target for Coca-Cola stock (NYSE: NYSE:KO), anticipating a strong fourth quarter of 2024. The firm predicts that Coca-Cola will likely surpass consensus expectations due to robust organic growth in both domestic and international markets.

There's no doubt that most people on the face of the planet have heard of or been a customer of Coca-Cola (NYSE: KO). The company that offers its namesake drink, as well as more than 200 others, has a presence in a jaw-dropping 200 countries and territories.

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Coca-Cola Consolidated COKE has outperformed the market over the past 10 years by 18.62% on an annualized basis producing an average annual return of 29.82%. Currently, Coca-Cola Consolidated has a market capitalization of $11.93 billion.