Coca Cola HBC AG Rating Reiterated by UBS AG (CCH)
Coca Cola HBC AG (LON:CCH)‘s stock had its “neutral” rating restated by UBS AG in a research note issued on Thursday, AmericanBankingNews.com reports. They currently have a GBX 1,725 ($28.35) price objective on the stock. UBS AG’s price objective would indicate a potential upside of 7.08% from the company’s current price.
Shares of Coca Cola HBC AG (LON:CCH) traded up 0.75% on Thursday, hitting GBX 1611.00. 380,308 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’s 50-day moving average is GBX 1720. and its 200-day moving average is GBX 1763..
Several other analysts have also recently commented on the stock. Analysts at Nomura raised their price target on shares of Coca Cola HBC AG from GBX 1,500 ($24.65) to GBX 1,600 ($26.29) in a research note to investors on Thursday, January 16th. They now have a “reduce” rating on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Coca Cola HBC AG from GBX 1,700 ($27.94) to GBX 1,950 ($32.05) in a research note to investors on Wednesday, January 15th. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca Cola HBC AG in a research note to investors on Friday, December 13th. They now have a GBX 1,860 ($30.57) price target on the stock. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Coca Cola HBC AG presently has a consensus rating of “Hold” and a consensus price target of GBX 1,798.13 ($29.55).
Coca-Cola HBC AG, is a bottler of non-alcoholic ready-to-drink beverages in Europe, operating in 28 countries.