Coca-Cola HBC AG (LON:CCH) Stock Has Average Target Price of GBX 5,326.60 According to Brokerages

Coca-Cola HBC AG (LON:CCH) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 5,326.60.

Several analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the stock a “buy” rating in a report on Wednesday, September 16th. Jefferies Financial Group restated a “buy” rating and issued a GBX 5,500 target price on shares of Coca-Cola HBC in a research note on Wednesday, August 5th. Citigroup upped their target price on Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the company a “neutral” rating in a research note on Friday, July 3rd. Finally, Berenberg Bank raised their target price on Coca-Cola HBC from GBX 5,453 to GBX 5,483 and gave the stock a “buy” rating in a research report on Tuesday, September 29th.

Insider Transactions at Coca-Cola HBC

In other Coca-Cola HBC news, insider Zoran Bogdanovic acquired 4,750 shares of the company’s stock in a transaction dated Monday, September 21st. The stock was bought at an average price of GBX 4,269 per share, for a total transaction of £202,777.50. Over the last 90 days, insiders have acquired 4,997 shares of company stock valued at $21,415,549. Insiders own 95.73% of the company’s stock.

Coca-Cola HBC Trading Down 1.5%

Coca-Cola HBC stock opened at GBX 4,364 on Friday. The business has a 50 day moving average price of GBX 4,476.54 and a two-hundred day moving average price of GBX 4,522.69. The company has a quick ratio of 0.80, a current ratio of 1.37 and a debt-to-equity ratio of 150.62. The stock has a market cap of £15.91 billion, a price-to-earnings ratio of 15.99, a price-to-earnings-growth ratio of 1.03 and a beta of 0.54. Coca-Cola HBC has a 12 month low of GBX 3,372 and a 12 month high of GBX 5,195.

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