Coca Cola HBC AG (LON:CCH) insider Anastasios I. Leventis sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of GBX 2,467 ($34.08), for a total value of £2,467,000 ($3,408,400.11).
Coca Cola HBC AG (LON:CCH) opened at GBX 2,459 ($33.97) on Tuesday. The firm has a market capitalization of $9,050.00 and a P/E ratio of 2,387.38. Coca Cola HBC AG has a 12-month low of GBX 1,903 ($26.29) and a 12-month high of GBX 2,682 ($37.05).
A number of research firms recently commented on CCH. Shore Capital reissued a “hold” rating on shares of Coca Cola HBC in a report on Thursday, November 9th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 2,850 ($39.38) price objective on shares of Coca Cola HBC in a report on Friday, February 16th. Credit Suisse Group decreased their price objective on Coca Cola HBC from GBX 2,820 ($38.96) to GBX 2,700 ($37.30) and set an “outperform” rating on the stock in a report on Wednesday, February 14th. Jefferies Group reaffirmed a “hold” rating and set a GBX 2,700 ($37.30) price objective on shares of Coca Cola HBC in a report on Friday, November 10th. Finally, JPMorgan Chase & Co. decreased their price objective on Coca Cola HBC from GBX 2,600 ($35.92) to GBX 2,400 ($33.16) and set a “neutral” rating on the stock in a report on Wednesday, December 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 2,532.18 ($34.98).
Coca Cola HBC AG is a Switzerland-based bottler of Coca-Cola products. 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, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.
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