Coca-Cola HBC (LON:CCH) Insider Zoran Bogdanovic Sells 13,609 Shares

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic sold 13,609 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of GBX 4,808, for a total transaction of £654,320.72.

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

• On Wednesday, June 17th, Zoran Bogdanovic purchased 126,674 shares of Coca-Cola HBC stock. The stock was acquired at an average price of GBX 4,591 per share, with a total value of £5,815,603.34.
• On Monday, May 18th, Zoran Bogdanovic acquired 132 shares of Coca-Cola HBC stock. The stock was acquired at an average cost of GBX 4,146 per share, for a total transaction of £5,472.72.
• On Friday, April 17th, Zoran Bogdanovic acquired 1,745 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 4,353 per share, with a total value of £75,959.85.

Coca-Cola HBC Trading Up 1.1%

LON:CCH traded up GBX 54 during trading hours on Monday, hitting GBX 4,944. 3,979,858 shares of the company were exchanged, compared to its average volume of 9,738,941. The stock has a market capitalization of £18.02 billion, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 1.03 and a beta of 0.55. The company has a current ratio of 1.19, a quick ratio of 0.80 and a debt-to-equity ratio of 101.65. Coca-Cola HBC AG has a one year low of GBX 3,270 and a one year high of GBX 4,954. The company has a fifty day simple moving average of GBX 4,365.29 and a 200 day simple moving average of GBX 4,253.68.

Analyst Ratings Changes

A number of equities analysts recently commented on CCH shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 4,800 price objective on shares of Coca-Cola HBC in a research note on Thursday, May 7th. Berenberg Bank upgraded shares of Coca-Cola HBC to a “buy” rating and boosted their price target for the stock from GBX 4,068 to GBX 5,007 in a research report on Friday, May 8th. Finally, UBS Group reiterated a “buy” rating and set a GBX 4,900 price objective on shares of Coca-Cola HBC in a research report on Tuesday, May 5th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 4,794.25.

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 750 million consumers across a broad geographic footprint of 29 countries.