COCA-COLA HBC A/ADR to Post FY2021 Earnings of $1.86 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:CCHGY)

COCA-COLA HBC A/ADR (OTCMKTS:CCHGY) – Stock analysts at Jefferies Financial Group cut their FY2021 EPS estimates for shares of COCA-COLA HBC A/ADR in a report released on Wednesday, October 9th. Jefferies Financial Group analyst E. Mundy now anticipates that the company will post earnings of $1.86 per share for the year, down from their previous estimate of $1.87.

Separately, Zacks Investment Research upgraded shares of COCA-COLA HBC A/ADR from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Friday.

Shares of CCHGY opened at $32.46 on Thursday. COCA-COLA HBC A/ADR has a 12 month low of $28.53 and a 12 month high of $38.80. The firm has a fifty day simple moving average of $32.80 and a 200 day simple moving average of $34.65. The stock has a market capitalization of $11.79 billion, a price-to-earnings ratio of 21.36, a PEG ratio of 2.55 and a beta of 0.28. The company has a current ratio of 0.94, a quick ratio of 0.78 and a debt-to-equity ratio of 0.88.

COCA-COLA HBC A/ADR Company Profile

Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages. The company offers sparkling soft drinks; still drinks, including juices and fruit-based drinks, iced tea, and energy and sports drinks; and natural mineral, spring, and processed water. It markets and sells its products under the Coca-Cola, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice, and Nestea brand names; and distributes third-party products, such as Monster energy drinks, and beer and premium spirits.

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Earnings History and Estimates for COCA-COLA HBC A/ADR (OTCMKTS:CCHGY)

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