Coca-Cola Hellenic Bottling (CCHGY) Rating Lowered to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of Coca-Cola Hellenic Bottling (OTCMKTS:CCHGY) from a buy rating to a hold rating in a research note published on Friday morning.

According to Zacks, “Coca-Cola HBC AG produces, sells and distributes non-alcoholic ready-to-drink beverages under bottlers’ arrangements, franchise arrangements with third parties and under its own brand names. It operates primarily in Austria, Cyprus, Greece, Italy, Northern Ireland, the Republic of Ireland, Switzerland, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, Slovenia, Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, FYROM, Moldova, Montenegro, Nigeria, Romania, the Russian Federation, Serbia and Ukraine. Coca-Cola HBC AG is headquartered in Zug, Switzerland. “

How to Become a New Pot Stock Millionaire

Separately, Deutsche Bank upgraded Coca-Cola Hellenic Bottling from a hold rating to a buy rating in a research report on Thursday, January 18th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Coca-Cola Hellenic Bottling presently has a consensus rating of Hold and a consensus price target of $41.00.

CCHGY stock traded up $0.34 during midday trading on Friday, reaching $37.92. The stock had a trading volume of 1,655 shares, compared to its average volume of 4,915. The company has a quick ratio of 0.99, a current ratio of 1.21 and a debt-to-equity ratio of 0.48. The firm has a market cap of $13,822.77, a price-to-earnings ratio of 27.28, a PEG ratio of 2.78 and a beta of -0.51. Coca-Cola Hellenic Bottling has a twelve month low of $25.51 and a twelve month high of $37.97.

TRADEMARK VIOLATION WARNING: “Coca-Cola Hellenic Bottling (CCHGY) Rating Lowered to Hold at Zacks Investment Research” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/3338132/coca-cola-hellenic-bottling-cchgy-rating-lowered-to-hold-at-zacks-investment-research.html.

About Coca-Cola Hellenic Bottling

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, coffee, and energy and sports drinks; and natural mineral, spring, and processed water. It markets and sells its products under the Coca-Cola, Coca-Cola Light, Coca-Cola Zero, 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.

Get a free copy of the Zacks research report on Coca-Cola Hellenic Bottling (CCHGY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Coca-Cola Hellenic Bottling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola Hellenic Bottling and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

LeMaitre Vascular  Issues Q2 Earnings Guidance
LeMaitre Vascular Issues Q2 Earnings Guidance
PRCoin  Market Capitalization Hits $18,688.00
PRCoin Market Capitalization Hits $18,688.00
Creatio  Trading 7.1% Higher  This Week
Creatio Trading 7.1% Higher This Week
Cherokee  versus J.Jill  Financial Analysis
Cherokee versus J.Jill Financial Analysis
Head to Head Comparison: Allegheny Technologies  & Synalloy
Head to Head Comparison: Allegheny Technologies & Synalloy
$49.78 Million in Sales Expected for FranklinCovey  This Quarter
$49.78 Million in Sales Expected for FranklinCovey This Quarter


© 2006-2018 Ticker Report. Google+.