Coca-Cola HBC (LON:CCH – Get Free Report) had its target price raised by Deutsche Bank Aktiengesellschaft from GBX 5,550 to GBX 5,700 in a report released on Thursday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 13.77% from the stock’s previous close.
CCH has been the topic of several other research reports. Citigroup lifted their price target on shares of Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock a “neutral” rating in a research note on Friday, July 3rd. Jefferies Financial Group restated a “buy” rating and issued a GBX 5,500 price objective on shares of Coca-Cola HBC in a research note on Wednesday. UBS Group reaffirmed a “buy” rating and issued a GBX 4,900 target price on shares of Coca-Cola HBC in a report on Tuesday, May 5th. Finally, Berenberg Bank lifted their target price on Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the company a “buy” rating in a research report on Thursday. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Coca-Cola HBC has a consensus rating of “Moderate Buy” and a consensus price target of GBX 5,315.60.
View Our Latest Research Report on Coca-Cola HBC
Coca-Cola HBC Stock Performance
Insider Buying and Selling
In other news, insider Zoran Bogdanovic bought 110 shares of the firm’s stock in a transaction on Friday, July 17th. The shares were bought at an average price of GBX 4,964 per share, for a total transaction of £5,460.40. In the last quarter, insiders have purchased 126,916 shares of company stock worth $582,653,646. 95.72% of the stock is currently owned by company insiders.
About Coca-Cola HBC
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 760 million consumers across a broad geographic footprint of 29 countries.
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