Coca-Cola HBC (LON:CCH – Get Free Report)‘s stock had its “buy” rating reaffirmed by Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 5,600 price target on the stock. Jefferies Financial Group‘s target price would suggest a potential upside of 16.33% from the stock’s current price.
A number of other equities research analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the stock a “buy” rating in a research report on Wednesday, September 16th. Berenberg Bank raised their price target on Coca-Cola HBC from GBX 5,453 to GBX 5,483 and gave the company a “buy” rating in a report on Tuesday, September 29th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,346.60.
View Our Latest Stock Report on CCH
Coca-Cola HBC Stock Up 1.0%
Shares of CCH opened at GBX 4,814 on Wednesday. The firm has a market capitalization of £17.55 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 1.03 and a beta of 0.52. The company has a debt-to-equity ratio of 150.62, a quick ratio of 0.80 and a current ratio of 1.37. The business’s fifty day moving average price is GBX 4,474.96 and its two-hundred day moving average price is GBX 4,487.95. Coca-Cola HBC has a 52 week low of GBX 3,464 and a 52 week high of GBX 5,195.
Insider Buying and Selling at Coca-Cola HBC
In other Coca-Cola HBC news, insider Zoran Bogdanovic acquired 118 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The shares were acquired at an average cost of GBX 4,377 per share, for a total transaction of £5,164.86. Insiders have purchased 5,115 shares of company stock worth $21,932,035 over the last ninety days. Insiders own 95.73% of the company’s stock.
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 760 million consumers across a broad geographic footprint of 29 countries.
Further Reading
- Five stocks we like better than Coca-Cola HBC
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
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.
