Coca Cola HBC AG’s (CCH) Underweight Rating Reiterated at Barclays PLC
Barclays PLC restated their underweight rating on shares of Coca Cola HBC AG (LON:CCH) in a research note issued to investors on Friday morning. They currently have a GBX 1,575 ($19.49) target price on the stock.
Several other research analysts also recently weighed in on CCH. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 1,500 ($18.56) price target on shares of Coca Cola HBC AG in a research note on Monday, June 27th. Deutsche Bank AG increased their price target on Coca Cola HBC AG from GBX 1,500 ($18.56) to GBX 1,600 ($19.80) and gave the stock a hold rating in a research note on Wednesday, July 6th. Citigroup Inc. reiterated a buy rating on shares of Coca Cola HBC AG in a research note on Thursday, July 7th. Credit Suisse Group AG increased their price target on Coca Cola HBC AG from GBX 1,500 ($18.56) to GBX 1,600 ($19.80) and gave the stock a neutral rating in a research note on Friday, July 8th. Finally, Morgan Stanley started coverage on Coca Cola HBC AG in a research note on Tuesday, August 2nd. They set an underweight rating and a GBX 1,430 ($17.70) price target for the company. Four equities 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 stock. The stock has a consensus rating of Hold and an average target price of GBX 1,633 ($20.21).
Coca Cola HBC AG (LON:CCH) opened at 1826.00 on Friday. The firm’s market cap is GBX 6.66 billion. Coca Cola HBC AG has a 52 week low of GBX 1,250.00 and a 52 week high of GBX 1,889.00. The firm’s 50-day moving average price is GBX 1,716.65 and its 200 day moving average price is GBX 1,529.82.
In other Coca Cola HBC AG news, insider Lois ,Dimitris purchased 935 shares of the stock in a transaction on Wednesday, July 27th. The shares were purchased at an average price of GBX 1,582 ($19.58) per share, with a total value of £14,791.70 ($18,306.56).
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.
Receive News & Ratings for Coca Cola HBC AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca Cola HBC AG and related companies with MarketBeat.com's FREE daily email newsletter.