Insider Buying: Coca-Cola HBC (LON:CCH) Insider Purchases £5,164.86 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic bought 118 shares of Coca-Cola HBC stock in a transaction dated Friday, October 16th. The stock was acquired at an average cost of GBX 4,377 per share, for a total transaction of £5,164.86.

Zoran Bogdanovic also recently made the following trade(s):

• On Monday, September 21st, Zoran Bogdanovic acquired 4,750 shares of Coca-Cola HBC stock. The stock was acquired at an average price of GBX 4,269 per share, for a total transaction of £202,777.50.
• On Thursday, September 17th, Zoran Bogdanovic acquired 127 shares of Coca-Cola HBC stock. The stock was acquired at an average cost of GBX 4,657 per share, for a total transaction of £5,914.39.
• On Monday, August 17th, Zoran Bogdanovic acquired 120 shares of Coca-Cola HBC stock. The stock was acquired at an average cost of GBX 4,553 per share, for a total transaction of £5,463.60.

Coca-Cola HBC Price Performance

CCH opened at GBX 4,490 on Thursday. The company has a fifty day moving average price of GBX 4,456.03 and a two-hundred day moving average price of GBX 4,529. The company has a debt-to-equity ratio of 150.62, a quick ratio of 0.80 and a current ratio of 1.37. Coca-Cola HBC AG has a 52 week low of GBX 3,406 and a 52 week high of GBX 5,195. The firm has a market capitalization of £16.36 billion, a PE ratio of 16.45, a P/E/G ratio of 1.03 and a beta of 0.54.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Jefferies Financial Group restated a “buy” rating and issued a GBX 5,600 price target on shares of Coca-Cola HBC in a research report on Friday, October 16th. Citigroup lifted their price objective on Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock a “neutral” rating in a research note on Friday, July 3rd. Berenberg Bank upped their price objective 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. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the company a “buy” rating in a report on Wednesday, September 16th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 5,346.60.

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.