Insider Buying: Coca-Cola HBC (LON:CCH) Insider Buys £5,463.60 in Stock

Coca-Cola HBC AG (LON:CCH – Get Free Report) insider Zoran Bogdanovic bought 120 shares of the business’s stock in a transaction on Monday, August 17th. The stock was bought at an average price of GBX 4,553 per share, with a total value of £5,463.60.

Zoran Bogdanovic also recently made the following trade(s):

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• On Friday, July 17th, Zoran Bogdanovic acquired 110 shares of Coca-Cola HBC stock. The shares were purchased at an average cost of GBX 4,964 per share, with a total value of £5,460.40.
• On Friday, June 26th, Zoran Bogdanovic sold 13,609 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 4,808, for a total value of £654,320.72.
• On Wednesday, June 17th, Zoran Bogdanovic purchased 126,674 shares of Coca-Cola HBC stock. The stock was purchased at an average cost of GBX 4,591 per share, with a total value of £5,815,603.34.

Coca-Cola HBC Stock Up 0.5%

LON:CCH traded up GBX 21 during mid-day trading on Tuesday, reaching GBX 4,559. The stock had a trading volume of 1,833,330 shares, compared to its average volume of 7,734,579. The stock has a market cap of £16.62 billion, a P/E ratio of 17.60, a PEG ratio of 1.03 and a beta of 0.55. The business’s 50 day moving average is GBX 4,824.23 and its 200 day moving average is GBX 4,527.71. The company has a debt-to-equity ratio of 150.62, a current ratio of 1.37 and a quick ratio of 0.80. Coca-Cola HBC AG has a fifty-two week low of GBX 3,270 and a fifty-two week high of GBX 5,195.

Wall Street Analyst Weigh In

CCH has been the subject of a number of research reports. UBS Group reissued a “buy” rating and issued a GBX 4,900 price target on shares of Coca-Cola HBC in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft upped their price target on Coca-Cola HBC from GBX 5,550 to GBX 5,700 and gave the company a “buy” rating in a report on Thursday, August 6th. Berenberg Bank lifted their price objective on Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the stock a “buy” rating in a report on Thursday, August 6th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 5,500 price target on shares of Coca-Cola HBC in a research note on Wednesday, August 5th. Finally, Citigroup increased their price objective on shares of Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the company a “neutral” rating in a research note on Friday, July 3rd. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 5,315.60.

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Coca-Cola HBC Company Profile

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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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