Coca-Cola HBC (OTCMKTS:CCHGY) Given New GBX 2,950 Price Target at Deutsche Bank Aktiengesellschaft

Coca-Cola HBC (OTCMKTS:CCHGY – Get Rating) had its price target hoisted by research analysts at Deutsche Bank Aktiengesellschaft from GBX 2,740 ($34.08) to GBX 2,950 ($36.69) in a research report issued on Friday, The Fly reports.

Other analysts also recently issued reports about the company. Barclays boosted their price target on Coca-Cola HBC from GBX 2,500 ($31.09) to GBX 2,700 ($33.58) in a research note on Thursday, February 16th. Morgan Stanley raised their target price on Coca-Cola HBC from GBX 2,250 ($27.99) to GBX 2,350 ($29.23) in a research note on Tuesday, April 18th. Finally, JPMorgan Chase & Co. increased their price target on Coca-Cola HBC from GBX 2,200 ($27.36) to GBX 2,600 ($32.34) in a report on Thursday, May 4th.

Coca-Cola HBC Stock Performance

Coca-Cola HBC stock traded up $0.08 during mid-day trading on Friday, hitting $29.60. 10,218 shares of the company were exchanged, compared to its average volume of 7,183. Coca-Cola HBC has a 1-year low of $19.83 and a 1-year high of $32.19. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.98 and a current ratio of 1.24. The business has a fifty day moving average of $29.46 and a 200 day moving average of $26.05.

About Coca-Cola HBC

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Coca-Cola HBC AG engages in the production, sale and distribution of non-alcoholic and ready-to-drink beverages. It operates through the following segments: Established Markets, Developing Markets, and Emerging Markets. The Established Markets segment consists of Austria, Cyprus, Greece, Italy, Northern Ireland, the Republic of Ireland, and Switzerland.