Coca Cola HBC AG – (OTCMKTS:CCHGY) Given Average Rating of “Buy” by Brokerages
Shares of Coca Cola HBC AG – (OTCMKTS:CCHGY) have received a consensus recommendation of “Buy” from the five brokerages that are currently covering the company. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company.
A number of brokerages have recently commented on CCHGY. Credit Suisse Group AG raised shares of Coca Cola HBC AG – from a “neutral” rating to an “outperform” rating in a research note on Thursday, September 15th. Jefferies Group began coverage on shares of Coca Cola HBC AG – in a research note on Tuesday, September 13th. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. raised shares of Coca Cola HBC AG – from a “neutral” rating to an “overweight” rating in a research note on Tuesday, July 19th.
Shares of Coca Cola HBC AG – (OTCMKTS:CCHGY) opened at 22.95 on Thursday. Coca Cola HBC AG – has a 12 month low of $17.83 and a 12 month high of $24.82. The company has a market cap of $8.37 billion and a PE ratio of 25.03. The company has a 50-day moving average of $21.72 and a 200 day moving average of $20.50.
Coca Cola HBC AG – Company Profile
Coca-Cola HBC AG and its subsidiaries are principally engaged in the production, sales and distribution of non-alcoholic ready to drink beverages, under franchise from The Coca-Cola Company. The Company’s segments include Established markets, including Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland; Developing markets, including Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, and Emerging markets, including Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, FYROM, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.
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