Shares of Coca-Cola HBC AG (LON:CCH – Get Free Report) have earned a consensus rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 4,980.40.
A number of equities research analysts recently weighed in on CCH shares. Jefferies Financial Group restated a “buy” rating and issued a GBX 5,500 price target on shares of Coca-Cola HBC in a research note on Friday. UBS Group reiterated a “buy” rating and issued a GBX 4,900 price objective on shares of Coca-Cola HBC in a report on Tuesday, May 5th. Berenberg Bank upgraded shares of Coca-Cola HBC to a “buy” rating and raised their target price for the stock from GBX 4,068 to GBX 5,007 in a research note on Friday, May 8th. Finally, Citigroup lifted their target price on shares of Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock a “neutral” rating in a report on Friday.
Get Our Latest Report on Coca-Cola HBC
Coca-Cola HBC Stock Performance
Insider Transactions at Coca-Cola HBC
In other news, insider Zoran Bogdanovic sold 13,609 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of GBX 4,808, for a total transaction of £654,320.72. Insiders have purchased 128,551 shares of company stock worth $589,703,591 in the last three months. Company 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 750 million consumers across a broad geographic footprint of 29 countries.
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