Coca-Cola HBC (OTCMKTS:CCHGY – Get Free Report)’s share price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $59.67 and traded as high as $61.56. Coca-Cola HBC shares last traded at $60.95, with a volume of 9,870 shares.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on CCHGY shares. Investec cut shares of Coca-Cola HBC to a “hold” rating in a research note on Thursday, September 3rd. BNP Paribas Exane cut shares of Coca-Cola HBC to a “neutral” rating in a report on Monday, August 10th. Zacks Research upgraded shares of Coca-Cola HBC to a “hold” rating in a research report on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Coca-Cola HBC in a report on Wednesday, September 16th. Finally, Citigroup reissued a “neutral” rating on shares of Coca-Cola HBC in a research note on Friday, July 3rd. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Read Our Latest Analysis on Coca-Cola HBC
Coca-Cola HBC Stock Performance
The firm’s 50 day simple moving average is $59.67 and its 200-day simple moving average is $60.77. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.18 and a current ratio of 1.37.
Coca-Cola HBC Company Profile
Coca-Cola HBC AG is a Switzerland-based beverage bottler and one of the largest bottling partners of The Coca-Cola Company. The company manufactures, distributes and sells a broad portfolio of non-alcoholic beverages, including Coca-Cola, Coca-Cola Zero Sugar, Fanta and Sprite, as well as water, juices, energy drinks, sports drinks, ready-to-drink coffee and alcoholic beverages in selected markets. Its portfolio also includes brands such as Schweppes, Monster Energy, Costa Coffee and Cappy, depending on local distribution rights.
Coca-Cola HBC serves customers across 29 countries in Europe, Africa and emerging markets.
Featured Articles
- Five stocks we like better than Coca-Cola HBC
- Market Volatility Playbook: Trade the Noise, Get Paid to Ignore the Rest
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
Receive News & Ratings for Coca-Cola HBC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola HBC and related companies with MarketBeat.com's FREE daily email newsletter.
