Coca-Cola HBC (LON:CCH) had its target price decreased by J P Morgan Chase & Co from GBX 2,600 ($34.99) to GBX 2,400 ($32.30) in a research note released on Wednesday morning. J P Morgan Chase & Co currently has a neutral rating on the stock.
Several other equities analysts also recently issued reports on CCH. Shore Capital reaffirmed a hold rating on shares of Coca-Cola HBC in a research note on Thursday, August 10th. Barclays reaffirmed an underweight rating on shares of Coca-Cola HBC in a research note on Friday, August 11th. Citigroup reaffirmed a buy rating and set a GBX 2,900 ($39.03) price target on shares of Coca-Cola HBC in a research note on Friday, August 11th. Credit Suisse Group raised their price target on shares of Coca-Cola HBC from GBX 2,400 ($32.30) to GBX 2,820 ($37.95) and gave the company an outperform rating in a research note on Friday, August 11th. Finally, Deutsche Bank raised their price target on shares of Coca-Cola HBC from GBX 1,950 ($26.24) to GBX 2,400 ($32.30) and gave the company a hold rating in a research note on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 2,458.55 ($33.09).
Coca-Cola HBC (LON CCH) traded down GBX 7 ($0.09) during mid-day trading on Wednesday, hitting GBX 2,325 ($31.29). 824,223 shares of the stock traded hands, compared to its average volume of 677,524. Coca-Cola HBC has a 12-month low of GBX 1,602 ($21.56) and a 12-month high of GBX 2,682 ($36.10).
COPYRIGHT VIOLATION WARNING: “Coca-Cola HBC (CCH) Given New GBX 2,400 Price Target at J P Morgan Chase & Co” was published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.com-unik.info/2017/12/07/coca-cola-hbc-cch-given-new-gbx-2400-price-target-at-j-p-morgan-chase-co.html.
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.
What are top analysts saying about Coca-Cola HBC AG? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Coca-Cola HBC AG and related companies.