Coca-Cola HBC (LON:CCH) Insider Purchases £5,447,073.24 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic purchased 119,532 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was bought at an average price of GBX 4,557 per share, for a total transaction of £5,447,073.24.

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

• On Tuesday, February 17th, Zoran Bogdanovic acquired 115,883 shares of Coca-Cola HBC stock. The stock was purchased at an average price of GBX 4,751 per share, for a total transaction of £5,505,601.33.
• On Friday, February 13th, Zoran Bogdanovic sold 30,000 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 4,694, for a total transaction of £1,408,200.
• On Friday, January 16th, Zoran Bogdanovic acquired 136 shares of Coca-Cola HBC stock. The shares were purchased at an average price of GBX 3,953 per share, with a total value of £5,376.08.
• On Wednesday, December 31st, Zoran Bogdanovic sold 1,009 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 3,857, for a total transaction of £38,917.13.

Coca-Cola HBC Stock Down 2.8%

Shares of LON:CCH opened at GBX 4,174 on Friday. The company has a market cap of £15.17 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 1.03 and a beta of 0.52. The firm’s 50-day simple moving average is GBX 4,348.65 and its 200-day simple moving average is GBX 3,880.62. The company has a quick ratio of 0.80, a current ratio of 1.19 and a debt-to-equity ratio of 107.40. Coca-Cola HBC AG has a fifty-two week low of GBX 3,270 and a fifty-two week high of GBX 4,890.

Wall Street Analysts Forecast Growth

CCH has been the topic of several recent analyst reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC in a research report on Friday, January 9th. Jefferies Financial Group raised their price target on Coca-Cola HBC from GBX 4,400 to GBX 4,600 and gave the company a “buy” rating in a report on Wednesday, February 4th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating on the stock in a research note on Friday, November 28th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 4,197.

Coca-Cola HBC Company Profile

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.