Shares of Coca Cola HBC AG (LON:CCH) have been given an average recommendation of “Hold” by the ten ratings firms that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 2,351.38 ($30.53).
Several brokerages have recently weighed in on CCH. Credit Suisse Group boosted their price target on shares of Coca Cola HBC AG from GBX 2,400 ($31.16) to GBX 2,820 ($36.61) and gave the company an “outperform” rating in a research report on Friday. Barclays PLC reissued an “underweight” rating on shares of Coca Cola HBC AG in a research report on Friday. Citigroup Inc. reissued a “buy” rating and set a GBX 2,900 ($37.65) price target on shares of Coca Cola HBC AG in a research report on Friday. Shore Capital reissued a “hold” rating on shares of Coca Cola HBC AG in a research report on Thursday. Finally, BNP Paribas reissued an “outperform” rating and set a GBX 2,700 ($35.05) price target on shares of Coca Cola HBC AG in a research report on Wednesday, July 19th.
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Coca Cola HBC AG (LON:CCH) traded down 1.00% during trading on Friday, reaching GBX 2566.00. 704,423 shares of the company’s stock traded hands. The firm’s market capitalization is GBX 9.34 billion. The company has a 50-day moving average price of GBX 2,301.72 and a 200 day moving average price of GBX 2,138.90. Coca Cola HBC AG has a one year low of GBX 1,602.00 and a one year high of GBX 2,656.00.
In related news, insider Dimitris Lois acquired 33 shares of Coca Cola HBC AG stock in a transaction that occurred on Friday, June 16th. The shares were purchased at an average cost of GBX 2,329 ($30.23) per share, for a total transaction of £768.57 ($997.75). Also, insider JAN GUSTAVSSON acquired 104 shares of Coca Cola HBC AG stock in a transaction that occurred on Monday, July 17th. The stock was bought at an average price of GBX 2,240 ($29.08) per share, for a total transaction of £2,329.60 ($3,024.28). Over the last 90 days, insiders purchased 204 shares of company stock worth $458,844.
About Coca Cola HBC AG
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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