Coca-Cola HBC (OTCMKTS:CCHGY) Stock Rating Lowered by Wall Street Zen

Coca-Cola HBC (OTCMKTS:CCHGY) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Monday.

Separately, Berenberg Bank upgraded shares of Coca-Cola HBC to a “strong-buy” rating in a research report on Wednesday, April 2nd. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Coca-Cola HBC Trading Down 1.3%

Shares of Coca-Cola HBC stock traded down $0.68 on Monday, reaching $52.33. 4,071 shares of the stock were exchanged, compared to its average volume of 10,432. Coca-Cola HBC has a twelve month low of $32.75 and a twelve month high of $55.60. The company has a current ratio of 1.14, a quick ratio of 0.91 and a debt-to-equity ratio of 1.02. The business has a 50 day moving average price of $50.37 and a two-hundred day moving average price of $42.32.

Coca-Cola HBC Company Profile

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.