Coca Cola HBC AG (CCH) Insider Buys £2,475.96 in Stock
Coca Cola HBC AG (LON:CCH) insider JAN GUSTAVSSON bought 94 shares of the firm’s stock in a transaction that occurred on Friday, August 17th. The shares were purchased at an average cost of GBX 2,634 ($33.60) per share, with a total value of £2,475.96 ($3,158.52).
Shares of LON:CCH traded up GBX 25 ($0.32) during midday trading on Monday, reaching GBX 2,638 ($33.65). The company had a trading volume of 121,193 shares, compared to its average volume of 875,987. Coca Cola HBC AG has a 1-year low of GBX 1,969 ($25.12) and a 1-year high of GBX 2,682 ($34.21).
Several brokerages recently weighed in on CCH. JPMorgan Chase & Co. raised their target price on Coca Cola HBC from GBX 2,400 ($30.62) to GBX 2,500 ($31.89) and gave the company a “neutral” rating in a research note on Friday, May 11th. Citigroup decreased their target price on Coca Cola HBC from GBX 2,900 ($36.99) to GBX 2,800 ($35.72) and set a “buy” rating for the company in a research note on Wednesday, May 9th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Coca Cola HBC in a research note on Monday, August 6th. Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 2,950 ($37.63) target price (up previously from GBX 2,700 ($34.44)) on shares of Coca Cola HBC in a research note on Friday. Finally, Shore Capital reaffirmed a “hold” rating on shares of Coca Cola HBC in a research note on Thursday, August 9th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Coca Cola HBC currently has a consensus rating of “Buy” and an average price target of GBX 2,755 ($35.14).
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.
Featured Story: Average Daily Trade Volume – What You Need to Know
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.