Coca-Cola HBC’s (CCH) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Coca-Cola HBC (LON:CCH) in a research report report published on Friday morning,Digital Look reports. They currently have a GBX 5,600 price objective on the stock.

Other equities analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft lifted their price target on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the stock a “buy” rating in a research report on Wednesday, September 16th. Berenberg Bank upped their price target on shares of Coca-Cola HBC from GBX 5,453 to GBX 5,483 and gave the stock a “buy” rating in a research note on Tuesday, September 29th. Finally, Citigroup increased their price objective on shares of Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the company a “neutral” rating in a research report on Friday, July 3rd. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,346.60.

Coca-Cola HBC Trading Down 0.8%

Shares of CCH opened at GBX 4,394 on Friday. Coca-Cola HBC has a twelve month low of GBX 3,372 and a twelve month high of GBX 5,195. The stock has a market cap of £16.01 billion, a PE ratio of 16.10, a P/E/G ratio of 1.03 and a beta of 0.54. The business’s 50-day moving average price is GBX 4,465.22 and its 200-day moving average price is GBX 4,523.75. The company has a quick ratio of 0.80, a current ratio of 1.37 and a debt-to-equity ratio of 150.62.

Insider Buying and Selling at Coca-Cola HBC

In other Coca-Cola HBC news, insider Zoran Bogdanovic purchased 4,750 shares of the stock in a transaction dated Monday, September 21st. The shares were purchased at an average cost of GBX 4,269 per share, with a total value of £202,777.50. Insiders acquired a total of 4,997 shares of company stock valued at $21,415,549 in the last three months. 95.73% of the stock is owned by insiders.

Coca-Cola HBC Company Profile

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.