Shares of Coca-Cola HBC (OTCMKTS:CCHGY – Get Free Report) saw an uptick in trading volume on Wednesday . Approximately 5,575 shares were traded during mid-day trading, a decline of 29% from the previous session’s volume of 7,831 shares.The stock last traded at $66.47 and had previously closed at $67.56.
Analyst Ratings Changes
CCHGY has been the subject of a number of analyst reports. Wall Street Zen downgraded Coca-Cola HBC from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Citigroup reissued a “neutral” rating on shares of Coca-Cola HBC in a report on Friday, July 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Coca-Cola HBC in a research report on Friday, July 3rd. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold”.
Check Out Our Latest Research Report on CCHGY
Coca-Cola HBC Stock Performance
About Coca-Cola HBC
Coca-Cola HBC (OTCMKTS:CCHGY) is a major bottling partner for The Coca-Cola Company, engaged in the production, packaging, distribution and marketing of nonalcoholic beverages. As a concentrate licensee and bottler, the company manufactures and sells a broad portfolio of branded soft drinks, waters, juices, ready-to-drink teas, sports and energy drinks, and other still beverages under global and local brands. Its operations cover the full bottling value chain, from procurement of raw materials and bottling to route-to-market distribution and retail execution.
The company’s activities encompass manufacturing at local bottling plants, supply chain and logistics management, commercial and customer-facing sales, and marketing support for both global Coca‑Cola brands and regionally tailored products.
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