Coca-Cola HBC (LON:CCH) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Coca-Cola HBC (LON:CCH)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday, Digital Look reports. They currently have a GBX 5,620 price target on the stock. Deutsche Bank Aktiengesellschaft‘s price target indicates a potential upside of 32.30% from the company’s current price.

A number of other brokerages have also commented on CCH. Jefferies Financial Group reissued a “buy” rating and set a GBX 5,600 price objective on shares of Coca-Cola HBC in a report on Wednesday, November 4th. Berenberg Bank raised their target price on Coca-Cola HBC from GBX 5,453 to GBX 5,483 and gave the company a “buy” rating in a report on Tuesday, September 29th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 5,325.60.

Coca-Cola HBC Stock Up 0.6%

Shares of CCH traded up GBX 24 on Tuesday, reaching GBX 4,248. The company’s stock had a trading volume of 1,232,671 shares, compared to its average volume of 7,383,322. The company has a current ratio of 1.37, a quick ratio of 0.80 and a debt-to-equity ratio of 150.62. Coca-Cola HBC has a twelve month low of GBX 3,540 and a twelve month high of GBX 5,195. The stock has a market capitalization of £15.48 billion, a PE ratio of 15.56, a PEG ratio of 1.03 and a beta of 0.52. The firm has a fifty day moving average of GBX 4,455.52 and a 200-day moving average of GBX 4,496.90.

Insider Activity

In other Coca-Cola HBC news, insider Zoran Bogdanovic purchased 4,750 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The stock was bought at an average cost of GBX 4,269 per share, with a total value of £202,777.50. Insiders purchased 5,115 shares of company stock valued at $21,932,035 over the last three months. Corporate insiders own 95.73% of the company’s stock.

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.