Insider Selling: Coca-Cola HBC (LON:CCH) Insider Sells £9,354,470.30 in Stock

Coca-Cola HBC AG (LON:CCH) insider Anastasios Leventis sold 197,435 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of GBX 4,738, for a total transaction of £9,354,470.30.

Coca-Cola HBC Trading Up 1.1%

LON:CCH opened at GBX 4,774 on Friday. Coca-Cola HBC AG has a 52 week low of GBX 3,270 and a 52 week high of GBX 4,798. The firm has a 50-day moving average price of GBX 4,039.88 and a two-hundred day moving average price of GBX 3,778.17. The company has a debt-to-equity ratio of 137.31, a quick ratio of 0.80 and a current ratio of 1.14. The firm has a market cap of £17.35 billion, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Analyst Ratings Changes

CCH has been the topic of several research analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Coca-Cola HBC in a research report on Friday, January 9th. Jefferies Financial Group raised their price objective on shares of Coca-Cola HBC from GBX 4,400 to GBX 4,600 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating on the stock in a research report on Friday, November 28th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 4,197.

Coca-Cola HBC Company Profile

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 750 million consumers across a broad geographic footprint of 29 countries.