Coca Cola HBC AG Given New GBX 1,400 Price Target at Deutsche Bank (CCH)
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.