Coca Cola HBC AG (CCH) Insider JAN GUSTAVSSON Buys 100 Shares of Stock
Coca Cola HBC AG (LON:CCH) insider JAN GUSTAVSSON acquired 100 shares of the firm’s stock in a transaction dated Monday, December 18th. The shares were purchased at an average price of GBX 2,347 ($31.59) per share, with a total value of £2,347 ($3,158.82).
Coca Cola HBC AG (LON:CCH) opened at GBX 2,353 ($31.67) on Thursday. Coca Cola HBC AG has a 12 month low of GBX 1,648 ($22.18) and a 12 month high of GBX 2,682 ($36.10).
CCH has been the subject of several recent analyst reports. Morgan Stanley upgraded shares of Coca Cola HBC to an “equal weight” rating and increased their price objective for the stock from GBX 1,800 ($24.23) to GBX 2,400 ($32.30) in a research report on Friday, September 22nd. Credit Suisse Group reiterated an “outperform” rating and set a GBX 2,820 ($37.95) price objective on shares of Coca Cola HBC in a research report on Friday, October 6th. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 2,800 ($37.69) price objective on shares of Coca Cola HBC in a research report on Monday, October 9th. Jefferies Group cut shares of Coca Cola HBC to a “hold” rating and increased their price objective for the stock from GBX 2,200 ($29.61) to GBX 2,700 ($36.34) in a research report on Wednesday, October 11th. Finally, Shore Capital reiterated a “hold” rating on shares of Coca Cola HBC in a research report on Thursday, November 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. Coca Cola HBC presently has a consensus rating of “Hold” and an average price target of GBX 2,458.55 ($33.09).
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About Coca Cola HBC
Coca Cola HBC AG is a Switzerland-based bottler of Coca-Cola products. 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, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.
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