Coca-Cola HBC (OTCMKTS:CCHGY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Coca-Cola HBC (OTCMKTS:CCHGY) have been given an average recommendation of “Moderate Buy” by the nine analysts that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company.

Several research firms have commented on CCHGY. Zacks Research lowered shares of Coca-Cola HBC from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 3rd. Wall Street Zen lowered shares of Coca-Cola HBC from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Coca-Cola HBC in a research note on Friday, August 8th.

Coca-Cola HBC Stock Performance

OTCMKTS:CCHGY opened at $47.15 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.95 and a debt-to-equity ratio of 0.94. Coca-Cola HBC has a 52 week low of $32.75 and a 52 week high of $55.60. The firm has a 50-day moving average price of $50.94 and a two-hundred day moving average price of $50.66.

Coca-Cola HBC Company Profile

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.