Coca Cola HBC AG (LON:CCH) insider Anastasios I. Leventis sold 100,000 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of GBX 2,467 ($34.08), for a total value of £2,467,000 ($3,408,400.11).
Shares of Coca Cola HBC AG (CCH) traded up GBX 8 ($0.11) during midday trading on Wednesday, hitting GBX 2,528 ($34.93). The stock had a trading volume of 681,216 shares, compared to its average volume of 878,321. Coca Cola HBC AG has a twelve month low of GBX 1,955 ($27.01) and a twelve month high of GBX 2,682 ($37.05). The firm has a market capitalization of $9,280.00 and a PE ratio of 2,430.77.
Several research analysts have recently commented on the company. Goldman Sachs Group reissued a “neutral” rating and issued a GBX 2,600 ($35.92) price target on shares of Coca Cola HBC in a research report on Wednesday, February 7th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 2,400 ($33.16) target price on shares of Coca Cola HBC in a research note on Monday, February 19th. Deutsche Bank upgraded Coca Cola HBC to a “buy” rating and boosted their price target for the company from GBX 2,400 ($33.16) to GBX 2,850 ($39.38) in a research note on Thursday, January 18th. Credit Suisse Group dropped their price target on Coca Cola HBC from GBX 2,820 ($38.96) to GBX 2,700 ($37.30) and set an “outperform” rating on the stock in a research note on Wednesday, February 14th. Finally, Shore Capital restated a “hold” rating on shares of Coca Cola HBC in a research note on Wednesday, February 14th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company’s stock. Coca Cola HBC presently has an average rating of “Hold” and an average price target of GBX 2,532.18 ($34.98).
Coca Cola HBC Company Profile
Coca Cola HBC AG is a Switzerland-based bottler of Coca-Cola products. The Company’s segments include Established markets, including Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland; Developing markets, including Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, and Emerging markets, including Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.
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