UBS Group reiterated their buy rating on shares of Coca Cola HBC (LON:CCH) in a report published on Friday, investing.thisismoney.co.uk reports. They currently have a GBX 2,800 ($36.59) price objective on the stock, up from their previous price objective of GBX 2,650 ($34.63).
CCH has been the topic of several other research reports. Deutsche Bank decreased their price target on Coca Cola HBC from GBX 2,900 ($37.89) to GBX 2,850 ($37.24) and set a buy rating on the stock in a research note on Tuesday, October 9th. Credit Suisse Group reaffirmed an outperform rating on shares of Coca Cola HBC in a research note on Wednesday, December 12th. Finally, Shore Capital reaffirmed a hold rating on shares of Coca Cola HBC in a research note on Thursday, November 8th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Coca Cola HBC currently has a consensus rating of Buy and a consensus target price of GBX 2,805 ($36.65).
CCH stock traded up GBX 30 ($0.39) during trading on Friday, hitting GBX 2,509 ($32.78). The company had a trading volume of 620,269 shares, compared to its average volume of 875,987. Coca Cola HBC has a fifty-two week low of GBX 1,969 ($25.73) and a fifty-two week high of GBX 2,682 ($35.05).
About Coca Cola HBC
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.
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