Coca Cola HBC AG (CCH) Stock Rating Reaffirmed by J P Morgan Chase & Co

J P Morgan Chase & Co reiterated their overweight rating on shares of Coca Cola HBC AG (LON:CCH) in a research note published on Friday. The brokerage currently has a GBX 2,800 ($36.83) price target on the stock.

CCH has been the topic of several other reports. Credit Suisse Group increased their price objective on shares of Coca Cola HBC AG from GBX 2,400 ($31.57) to GBX 2,820 ($37.09) and gave the company an outperform rating in a research report on Friday, August 11th. Deutsche Bank AG upped their target price on shares of Coca Cola HBC AG from GBX 1,950 ($25.65) to GBX 2,400 ($31.57) and gave the company a hold rating in a research note on Tuesday, August 22nd. Shore Capital restated a hold rating on shares of Coca Cola HBC AG in a research note on Thursday, November 9th. Jefferies Group LLC cut shares of Coca Cola HBC AG to a hold rating and upped their target price for the company from GBX 2,200 ($28.94) to GBX 2,700 ($35.51) in a research note on Wednesday, October 11th. Finally, Barclays PLC restated an underweight rating on shares of Coca Cola HBC AG in a research note on Friday, August 11th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of GBX 2,476.73 ($32.58).

Shares of Coca Cola HBC AG (LON:CCH) opened at GBX 2,469 ($32.47) on Friday. Coca Cola HBC AG has a 1 year low of GBX 1,602 ($21.07) and a 1 year high of GBX 2,682 ($35.28).

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In other Coca Cola HBC AG news, insider Michalis Imellos acquired 42 shares of the stock in a transaction dated Monday, September 18th. The shares were purchased at an average price of GBX 2,573 ($33.84) per share, for a total transaction of £1,080.66 ($1,421.36). Insiders bought a total of 128 shares of company stock worth $331,494 in the last quarter.

About Coca Cola HBC AG

Coca Cola HBC AG is a Switzerland-based bottler of Coca-Cola products. The Company’s segments include Established markets, including Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland; Developing markets, including Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, and Emerging markets, including Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.

Analyst Recommendations for Coca Cola HBC AG (LON:CCH)

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