Coca Cola HBC AG (LON:CCH) has been assigned an average rating of “Hold” from the twelve ratings firms that are presently covering the company. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,969.30 ($25.43).
A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 2,100 ($27.11) price objective on shares of Coca Cola HBC AG in a research report on Monday, April 10th. Jefferies Group LLC raised their price objective on Coca Cola HBC AG from GBX 1,900 ($24.53) to GBX 2,000 ($25.82) and gave the company a “buy” rating in a research report on Wednesday, January 11th. Barclays PLC raised their price objective on Coca Cola HBC AG from GBX 1,630 ($21.05) to GBX 1,650 ($21.30) and gave the company an “underweight” rating in a research report on Monday, January 23rd. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 1,993 ($25.73) price objective (up previously from GBX 1,826 ($23.58)) on shares of Coca Cola HBC AG in a research report on Tuesday, February 21st. Finally, Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 2,100 ($27.11) price objective on shares of Coca Cola HBC AG in a research report on Tuesday, January 17th.
In other Coca Cola HBC AG news, insider SANDA PAREZANOVIC purchased 35 shares of the stock in a transaction on Tuesday, April 18th. The stock was acquired at an average price of GBX 2,092 ($27.01) per share, with a total value of £732.20 ($945.38). Also, insider Dimitris Lois purchased 99 shares of the stock in a transaction on Thursday, March 16th. The stock was acquired at an average cost of GBX 1,988 ($25.67) per share, with a total value of £1,968.12 ($2,541.15). In the last three months, insiders acquired 173 shares of company stock valued at $343,859.
Coca Cola HBC AG (LON:CCH) traded up 0.05% during mid-day trading on Monday, reaching GBX 2164.00. 433,474 shares of the company traded hands. Coca Cola HBC AG has a 12-month low of GBX 1,286.00 and a 12-month high of GBX 2,171.00. The firm’s market capitalization is GBX 7.86 billion. The company’s 50 day moving average price is GBX 2,080.37 and its 200 day moving average price is GBX 1,856.02.
Coca Cola HBC AG 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.