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.
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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