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Investment analysts at Deutsche Bank cut their price target on shares of Coca Cola HBC AG (LON:CCH) from GBX 1,700 ($28.58) to GBX 1,400 ($23.54) in a note issued to investors on Monday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 1.45% from the company’s current price.

Coca Cola HBC AG (LON:CCH) traded up 0.07% during mid-day trading on Monday, hitting GBX 1381.00. The stock had a trading volume of 227,140 shares. Coca Cola HBC AG has a 52 week low of GBX 1339.00 and a 52 week high of GBX 1979.0001. The stock’s 50-day moving average is GBX 1432. and its 200-day moving average is GBX 1575..

A number of other analysts have also recently weighed in on CCH. Analysts at Barclays reiterated an “equal weight” rating on shares of Coca Cola HBC AG in a research note on Tuesday, May 27th. They now have a GBX 1,450 ($24.38) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Coca Cola HBC AG in a research note on Monday, May 19th. They now have a GBX 1,428 ($24.01) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Coca Cola HBC AG in a research note on Wednesday, May 14th. They now have a GBX 1,500 ($25.22) price target on the stock. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. Coca Cola HBC AG has an average rating of “Hold” and a consensus target price of GBX 1,499.56 ($25.21).

Coca-Cola HBC AG, is a bottler of non-alcoholic ready-to-drink beverages in Europe, operating in 28 countries.

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