Coca-Cola HBC’s (CCH) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Coca-Cola HBC (LON:CCH – Free Report) in a research report released on Wednesday morning,Digital Look reports. They currently have a GBX 5,600 target price on the stock.

CCH has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the company a “buy” rating in a research report on Wednesday, September 16th. Berenberg Bank raised their target price on shares of Coca-Cola HBC from GBX 5,453 to GBX 5,483 and gave the company a “buy” rating in a research note on Tuesday, September 29th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Coca-Cola HBC has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,346.60.

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Coca-Cola HBC Price Performance

Shares of CCH stock opened at GBX 4,188 on Wednesday. Coca-Cola HBC has a one year low of GBX 3,508 and a one year high of GBX 5,195. The company’s 50-day simple moving average is GBX 4,462.44 and its two-hundred day simple moving average is GBX 4,495.19. The company has a debt-to-equity ratio of 150.62, a current ratio of 1.37 and a quick ratio of 0.80. The company has a market capitalization of £15.26 billion, a P/E ratio of 15.34, a P/E/G ratio of 1.03 and a beta of 0.52.

Insider Transactions at Coca-Cola HBC

In other news, insider Zoran Bogdanovic bought 4,750 shares of Coca-Cola HBC stock in a transaction on Monday, September 21st. The shares were bought at an average cost of GBX 4,269 per share, with a total value of £202,777.50. Insiders purchased a total of 5,115 shares of company stock worth $21,932,035 in the last quarter. Corporate insiders own 95.73% of the company’s stock.

Key Stories Impacting Coca-Cola HBC

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Coca-Cola HBC Company Profile

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Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 760 million consumers across a broad geographic footprint of 29 countries.

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Analyst Recommendations for Coca-Cola HBC (LON:CCH)

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