Coca Cola HBC AG (LON:CCH) has been given an average rating of “Hold” by the twelve analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 2,607.90 ($36.03).
Several research analysts recently commented on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,800 ($38.68) target price on shares of Coca Cola HBC in a research report on Friday, November 10th. Societe Generale reiterated a “hold” rating and set a GBX 2,758 ($38.10) price objective on shares of Coca Cola HBC in a research note on Friday, November 10th. Jefferies Group reiterated a “hold” rating and set a GBX 2,700 ($37.30) price objective on shares of Coca Cola HBC in a research note on Friday, November 10th. Shore Capital reiterated a “hold” rating on shares of Coca Cola HBC in a research note on Thursday, November 9th. Finally, Deutsche Bank upgraded Coca Cola HBC to a “buy” rating and increased their price objective for the stock from GBX 2,400 ($33.16) to GBX 2,850 ($39.38) in a research note on Thursday, January 18th.
In other Coca Cola HBC news, insider JAN GUSTAVSSON bought 100 shares of the stock in a transaction dated Monday, December 18th. The stock was bought at an average cost of GBX 2,347 ($32.43) per share, for a total transaction of £2,347 ($3,242.61). Also, insider Michalis Imellos bought 47 shares of the stock in a transaction dated Friday, February 16th. The stock was acquired at an average price of GBX 2,439 ($33.70) per share, with a total value of £1,146.33 ($1,583.77). Insiders have acquired 1,147 shares of company stock valued at $2,812,333 over the last quarter.
Shares of Coca Cola HBC (LON CCH) traded down GBX 30 ($0.41) during mid-day trading on Tuesday, reaching GBX 2,442 ($33.74). The company had a trading volume of 737,761 shares, compared to its average volume of 687,902. The company has a market capitalization of $8,990.00 and a PE ratio of 2,370.87. Coca Cola HBC has a 52-week low of GBX 1,903 ($26.29) and a 52-week high of GBX 2,682 ($37.05).
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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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