Coca Cola HBC (CCH) Receives “Buy” Rating from UBS Group

Share on StockTwits

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).

In other Coca Cola HBC news, insider Zoran Bogdanovic acquired 160 shares of Coca Cola HBC stock in a transaction on Monday, December 17th. The shares were bought at an average price of GBX 2,441 ($31.90) per share, with a total value of £3,905.60 ($5,103.36). Also, insider Michalis Imellos acquired 49 shares of Coca Cola HBC stock in a transaction on Wednesday, October 17th. The stock was acquired at an average cost of GBX 2,352 ($30.73) per share, for a total transaction of £1,152.48 ($1,505.92).

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.

See Also: What is the Rule of 72?

Analyst Recommendations for Coca Cola HBC (LON:CCH)

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

Latest News

Hartford Financial Services Group  & Kinsale Capital Group  Critical Review
Hartford Financial Services Group & Kinsale Capital Group Critical Review
IHS Markit Ltd  Expected to Post Q3 2019 Earnings of $0.55 Per Share
IHS Markit Ltd Expected to Post Q3 2019 Earnings of $0.55 Per Share
AA  Stock Price Up 6.1%
AA Stock Price Up 6.1%
BioCardia  vs. ADMA Biologics  Critical Contrast
BioCardia vs. ADMA Biologics Critical Contrast
SVB Financial Group  Expected to Post Earnings of $4.69 Per Share
SVB Financial Group Expected to Post Earnings of $4.69 Per Share
Henry Schein, Inc.  Expected to Announce Earnings of $1.11 Per Share
Henry Schein, Inc. Expected to Announce Earnings of $1.11 Per Share


Leave a Reply

© 2006-2019 Ticker Report