Coca Cola HBC AG (LON:CCH)‘s stock had its “hold” rating reiterated by stock analysts at Numis Securities Ltd in a research report issued on Wednesday. They presently have a GBX 1,824 ($22.23) target price on the stock. Numis Securities Ltd’s target price suggests a potential downside of 0.87% from the stock’s previous close.
Several other research firms also recently weighed in on CCH. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 1,500 ($18.28) price target on shares of Coca Cola HBC AG in a research note on Monday, June 27th. Deutsche Bank AG boosted their price target on shares of Coca Cola HBC AG from GBX 1,500 ($18.28) to GBX 1,600 ($19.50) and gave the stock a “hold” rating in a research note on Wednesday, July 6th. Citigroup Inc. reissued a “buy” rating on shares of Coca Cola HBC AG in a research note on Thursday, July 7th. Barclays PLC boosted their price target on shares of Coca Cola HBC AG from GBX 1,300 ($15.84) to GBX 1,400 ($17.06) and gave the stock an “underweight” rating in a research note on Friday, July 8th. Finally, Credit Suisse Group AG boosted their price target on shares of Coca Cola HBC AG from GBX 1,500 ($18.28) to GBX 1,600 ($19.50) and gave the stock a “neutral” rating in a research note on Friday, July 8th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 1,654.58 ($20.17).
Shares of Coca Cola HBC AG (LON:CCH) traded down 0.16% during mid-day trading on Wednesday, hitting GBX 1837.00. The stock had a trading volume of 107,910 shares. Coca Cola HBC AG has a 1-year low of GBX 1,250.00 and a 1-year high of GBX 1,889.00. The stock’s 50-day moving average is GBX 1,734.57 and its 200 day moving average is GBX 1,541.94. The firm’s market capitalization is GBX 6.70 billion.
In related news, insider Lois ,Dimitris purchased 377 shares of the firm’s stock in a transaction that occurred on Friday, September 16th. The stock was bought at an average cost of GBX 1,692 ($20.62) per share, with a total value of £6,378.84 ($7,774.33).
Coca Cola HBC AG Company Profile
Coca-Cola HBC AG and its subsidiaries are principally engaged in the production, sales and distribution of non-alcoholic ready to drink beverages, under franchise from The Coca-Cola Company. 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, FYROM, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.
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