Analysts Set Coca-Cola HBC AG (LON:CCH) Target Price at GBX 2,761.67

Coca-Cola HBC AG (LON:CCHGet Free Report) has earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 2,761.67 ($34.67).

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 2,350 ($29.50) target price on shares of Coca-Cola HBC in a research note on Wednesday.

Read Our Latest Analysis on CCH

Coca-Cola HBC Trading Down 0.2 %

Shares of LON CCH opened at GBX 2,442 ($30.66) on Wednesday. The business’s 50 day moving average is GBX 2,417.34 and its two-hundred day moving average is GBX 2,287.18. The company has a debt-to-equity ratio of 107.46, a current ratio of 1.02 and a quick ratio of 0.80. Coca-Cola HBC has a 1-year low of GBX 2,065 ($25.92) and a 1-year high of GBX 2,582 ($32.41). The stock has a market capitalization of £8.91 billion, a P/E ratio of 1,648.65, a PEG ratio of 1.45 and a beta of 0.92.

Insider Activity at Coca-Cola HBC

In related news, insider Zoran Bogdanovic bought 176 shares of the stock in a transaction on Friday, February 16th. The stock was bought at an average price of GBX 2,455 ($30.82) per share, for a total transaction of £4,320.80 ($5,424.05). Over the last quarter, insiders bought 541 shares of company stock worth $1,311,569 and sold 59,567 shares worth $148,711,721. 47.20% of the stock is owned by company insiders.

Coca-Cola HBC Company Profile

(Get Free Report

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.

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Analyst Recommendations for Coca-Cola HBC (LON:CCH)

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