Coca-Cola HBC AG (LON:CCH) Stock Has Consensus Target Price of GBX 5,326.60 According to Analysts

Shares of Coca-Cola HBC AG (LON:CCH – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 5,326.60.

CCH has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the stock a “buy” rating in a report on Wednesday, September 16th. Berenberg Bank boosted their price target on Coca-Cola HBC from GBX 5,453 to GBX 5,483 and gave the stock a “buy” rating in a research note on Tuesday, September 29th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,500 price target on shares of Coca-Cola HBC in a report on Wednesday, August 5th. Finally, Citigroup increased their price objective on Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the company a “neutral” rating in a research report on Friday, July 3rd.

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Insiders Place Their Bets

In related news, insider Zoran Bogdanovic bought 4,750 shares of the stock in a transaction on Monday, September 21st. The shares were acquired at an average price of GBX 4,269 per share, for a total transaction of £202,777.50. Over the last ninety days, insiders bought 5,107 shares of company stock valued at $21,961,589. 95.73% of the stock is currently owned by insiders.

Coca-Cola HBC Stock Performance

CCH stock opened at GBX 4,328 on Friday. The stock has a market capitalization of £15.77 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 1.03 and a beta of 0.54. Coca-Cola HBC has a 12-month low of GBX 3,372 and a 12-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 stock’s 50 day simple moving average is GBX 4,499.52 and its 200 day simple moving average is GBX 4,520.55.

Coca-Cola HBC Company Profile

(Get Free Report)

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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