Coca-Cola HBC’s (CCH) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Coca-Cola HBC (LON:CCH) in a research report sent to investors on Thursday,London Stock Exchange reports. The brokerage currently has a GBX 5,000 price target on the stock.

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Coca-Cola HBC in a research report on Friday, January 9th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 4,512.67.

Coca-Cola HBC Price Performance

Shares of CCH opened at GBX 4,274 on Thursday. Coca-Cola HBC has a 1-year low of GBX 3,270 and a 1-year high of GBX 4,890. The stock has a market cap of £15.54 billion, a PE ratio of 17.03, a P/E/G ratio of 1.03 and a beta of 0.52. The firm has a 50-day simple moving average of GBX 4,418.13 and a two-hundred day simple moving average of GBX 3,919.01. The company has a debt-to-equity ratio of 107.40, a current ratio of 1.19 and a quick ratio of 0.80.

Insiders Place Their Bets

In other news, insider Anastasios I. Leventis sold 6,000 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of GBX 4,735, for a total transaction of £284,100. Also, insider Zoran Bogdanovic acquired 119,532 shares of Coca-Cola HBC stock in a transaction dated Tuesday, March 17th. The stock was bought at an average price of GBX 4,557 per share, for a total transaction of £5,447,073.24. In the last ninety days, insiders have acquired 235,551 shares of company stock worth $1,095,805,065 and have sold 265,703 shares worth $1,256,697,560. 99.08% of the stock is owned by company insiders.

Coca-Cola HBC Company Profile

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 750 million consumers across a broad geographic footprint of 29 countries.