Coca-Cola HBC S.A. Now Covered by Societe Generale (CCH)
Investment analysts at Societe Generale started coverage on shares of Coca-Cola HBC S.A. (NYSE:CCH) in a note issued to investors on Friday, StockRatingsNetwork reports. The firm set a “buy” rating on the stock.
CCH has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC S.A. in a research note to investors on Friday, December 13th. Separately, analysts at Goldman Sachs Group Inc. cut their price target on shares of Coca-Cola HBC S.A. from $2,100.00 to $2,000.00 in a research note to investors on Tuesday, November 12th. They now have a “neutral” rating on the stock. Finally, analysts at Nomura reiterated a “reduce” rating on shares of Coca-Cola HBC S.A. in a research note to investors on Friday, November 8th. They now have a $1,500.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. Coca-Cola HBC S.A. has a consensus rating of “Hold” and a consensus price target of $1,189.83.
Shares of Coca-Cola HBC S.A. (NYSE:CCH) traded down 4.03% during mid-day trading on Friday, hitting $26.44. The stock had a trading volume of 29,406 shares. Coca-Cola HBC S.A. has a 52 week low of $22.11 and a 52 week high of $31.82. The stock’s 50-day moving average is $28.32 and its 200-day moving average is $28.19. The company has a market cap of $9.717 billion and a price-to-earnings ratio of 47.01.
Coca-Cola Hellenic Bottling Company SA (NYSE:CCH) is engaged in the production and distribution of non-alcoholic beverages, under franchise from The Coca-Cola Company (TCCC).
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