Coca Cola HBC AG Rating Reiterated by Barclays Capital (CCH)
Coca Cola HBC AG (LON:CCH)‘s stock had its “overweight” rating restated by equities research analysts at Barclays Capital in a research note issued to investors on Monday, AnalystRatings.Net reports. They currently have a GBX 2,000 ($31.93) target price on the stock. Barclays Capital’s target price would indicate a potential upside of 15.67% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Coca Cola HBC AG in a research note to investors on Thursday. They now have a GBX 1,700 ($27.14) price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Coca Cola HBC AG from GBX 1,810 ($28.90) to GBX 1,860 ($29.69) in a research note to investors on Tuesday, September 3rd. They now have an “overweight” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Coca Cola HBC AG from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, August 14th. They now have a GBX 1,940 ($30.97) price target on the stock, down previously from GBX 2,000 ($31.93). Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,820 ($29.05).
Shares of Coca Cola HBC AG (LON:CCH) traded up 0.06% during mid-day trading on Monday, hitting GBX 1729.0001. 441,681 shares of the company’s stock traded hands. Coca Cola HBC AG has a one year low of GBX 1401.00 and a one year high of GBX 1979.0001. The stock has a 50-day moving average of GBX 1835. and a 200-day moving average of GBX 1741.68.
Coca-Cola HBC AG, is a bottler of non-alcoholic ready-to-drink beverages in Europe, operating in 28 countries.
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