Coca-Cola HBC (LON:CCH) Insider Purchases £5,460.40 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic bought 110 shares of Coca-Cola HBC stock in a transaction that occurred on Friday, July 17th. The shares were acquired at an average price of GBX 4,964 per share, for a total transaction of £5,460.40.

Zoran Bogdanovic also recently made the following trade(s):

• On Friday, June 26th, Zoran Bogdanovic sold 13,609 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 4,808, for a total value of £654,320.72.
• On Wednesday, June 17th, Zoran Bogdanovic purchased 126,674 shares of Coca-Cola HBC stock. The stock was acquired at an average price of GBX 4,591 per share, with a total value of £5,815,603.34.
• On Monday, May 18th, Zoran Bogdanovic acquired 132 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 4,146 per share, with a total value of £5,472.72.

Coca-Cola HBC Trading Up 1.1%

Shares of CCH stock opened at GBX 4,970 on Thursday. The firm has a market cap of £18.11 billion, a P/E ratio of 19.19, a PEG ratio of 1.03 and a beta of 0.54. Coca-Cola HBC AG has a 1-year low of GBX 3,270 and a 1-year high of GBX 5,195. The company has a debt-to-equity ratio of 101.65, a current ratio of 1.19 and a quick ratio of 0.80. The firm’s 50-day simple moving average is GBX 4,612.70 and its 200-day simple moving average is GBX 4,403.77.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Berenberg Bank raised shares of Coca-Cola HBC to a “buy” rating and increased their price target for the stock from GBX 4,068 to GBX 5,007 in a research note on Friday, May 8th. Jefferies Financial Group reissued a “buy” rating and set a GBX 5,500 price objective on shares of Coca-Cola HBC in a research note on Friday, July 3rd. Citigroup increased their target price on Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock a “neutral” rating in a research report on Friday, July 3rd. Finally, UBS Group reissued a “buy” rating and set a GBX 4,900 price target on shares of Coca-Cola HBC in a research report on Tuesday, May 5th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Coca-Cola HBC has a consensus rating of “Moderate Buy” and an average price target of GBX 4,980.40.

About Coca-Cola HBC

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 760 million consumers across a broad geographic footprint of 29 countries.