Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Coca-Cola HBC (OTCMKTS:CCHGY) in a research note issued to investors on Wednesday morning, The Fly reports.
A number of other brokerages have also recently issued reports on CCHGY. Morgan Stanley reiterated an overweight rating on shares of Coca-Cola HBC in a research note on Monday, August 16th. Exane BNP Paribas cut shares of Coca-Cola HBC from an outperform rating to a neutral rating in a research note on Tuesday, September 28th. Credit Suisse Group reiterated an outperform rating on shares of Coca-Cola HBC in a research note on Wednesday. Jefferies Financial Group cut shares of Coca-Cola HBC from a buy rating to a hold rating and set a $37.14 price target on the stock. in a research note on Monday, July 26th. Finally, Barclays reissued an overweight rating on shares of Coca-Cola HBC in a research report on Monday, July 19th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $38.07.
Shares of CCHGY stock opened at $34.40 on Wednesday. The company’s fifty day moving average price is $35.21 and its 200-day moving average price is $35.53. Coca-Cola HBC has a 12 month low of $22.54 and a 12 month high of $39.23. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.97 and a current ratio of 1.16.
Coca-Cola HBC AG engages in the production, sale and distribution of non-alcoholic and ready-to-drink beverages. It operates through the following segments: Established Markets, Developing Markets, Emerging Markets. The Established Markets segment consists of Austria, Cyprus, Greece, Italy, Northern Ireland, the Republic of Ireland, and Switzerland.
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