Coca-Cola HBC AG (LON:CCH – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 5,325.60.
Several analysts recently issued reports on the stock. Berenberg Bank upped their price target on shares of 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. Deutsche Bank reissued a “buy” rating and set a GBX 5,620 price objective on shares of Coca-Cola HBC in a report on Tuesday. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 5,600 target price on shares of Coca-Cola HBC in a research report on Wednesday, November 4th.
View Our Latest Stock Report on CCH
Coca-Cola HBC Stock Up 0.8%
CCH stock opened at GBX 4,252 on Thursday. Coca-Cola HBC has a twelve month low of GBX 3,540 and a twelve month high of GBX 5,195. The company has a current ratio of 1.37, a quick ratio of 0.80 and a debt-to-equity ratio of 150.62. The company has a market capitalization of £15.50 billion, a P/E ratio of 15.58, a PEG ratio of 1.03 and a beta of 0.52. The firm has a 50 day simple moving average of GBX 4,441.60 and a 200-day simple moving average of GBX 4,500.25.
Insider Activity at Coca-Cola HBC
In related news, insider Zoran Bogdanovic purchased 4,750 shares of Coca-Cola HBC stock in a transaction dated Monday, September 21st. The shares were acquired at an average price of GBX 4,269 per share, with a total value of £202,777.50. Insiders have bought a total of 5,115 shares of company stock worth $21,932,035 over the last quarter. Company insiders own 95.73% of the company’s stock.
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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