Coca-Cola HBC (LON:CCH) Insider Zoran Bogdanovic Sells 13,609 Shares of Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic sold 13,609 shares of Coca-Cola HBC stock in a transaction on Friday, June 26th. The shares were sold at an average price of GBX 4,808, for a total transaction of £654,320.72.

Zoran Bogdanovic also recently made the following trade(s):

• On Wednesday, June 17th, Zoran Bogdanovic bought 126,674 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 4,591 per share, for a total transaction of £5,815,603.34.
• On Monday, May 18th, Zoran Bogdanovic purchased 132 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 4,146 per share, with a total value of £5,472.72.
• On Friday, April 17th, Zoran Bogdanovic purchased 1,745 shares of Coca-Cola HBC stock. The stock was bought at an average cost of GBX 4,353 per share, with a total value of £75,959.85.

Coca-Cola HBC Stock Up 1.1%

CCH traded up GBX 54 during midday trading on Monday, hitting GBX 4,944. The company had a trading volume of 3,979,858 shares, compared to its average volume of 9,738,941. The stock’s 50 day moving average price is GBX 4,365.29 and its 200 day moving average price is GBX 4,253.68. Coca-Cola HBC AG has a 52 week low of GBX 3,270 and a 52 week high of GBX 4,954. The company has a market capitalization of £18.02 billion, a price-to-earnings ratio of 19.09, a PEG ratio of 1.03 and a beta of 0.55. The company has a quick ratio of 0.80, a current ratio of 1.19 and a debt-to-equity ratio of 101.65.

Wall Street Analysts Forecast Growth

CCH has been the topic of a number of research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 4,800 price target on shares of Coca-Cola HBC in a research note on Thursday, May 7th. UBS Group reiterated a “buy” rating and issued a GBX 4,900 target price on shares of Coca-Cola HBC in a report on Tuesday, May 5th. Finally, Berenberg Bank raised shares of Coca-Cola HBC to a “buy” rating and lifted their price target for the company from GBX 4,068 to GBX 5,007 in a research report on Friday, May 8th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 4,794.25.

Coca-Cola HBC Company Profile

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 750 million consumers across a broad geographic footprint of 29 countries.