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Jefferies Group initiated coverage on shares of COCA COLA HELLENIC BOTTLING CO American Depositary Shares (each representing one Ordinary Share) (NYSE:CCH) in a research note issued on Tuesday. The firm set a “hold” rating on the stock.

Shares of COCA COLA HELLENIC BOTTLING CO American Depositary Shares (NYSE:CCH) traded up 0.04% on Tuesday, hitting $23.22. 5,400 shares of the company’s stock traded hands. COCA COLA HELLENIC BOTTLING CO American Depositary Shares has a 1-year low of $22.11 and a 1-year high of $31.82. The stock has a 50-day moving average of $23.99 and a 200-day moving average of $25.92. The company has a market cap of $8.459 billion and a P/E ratio of 29.95.

The company also recently declared a special dividend, which is scheduled for Tuesday, August 5th. Stockholders of record on Friday, July 11th will be given a dividend of $0.4813 per share. This represents a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, July 9th.

A number of other analysts have also recently weighed in on CCH. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of COCA COLA HELLENIC BOTTLING CO American Depositary Shares (each representing one Ordinary Share) in a research note on Monday, May 19th. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of COCA COLA HELLENIC BOTTLING CO American Depositary Shares (each representing one Ordinary Share) in a research note on Wednesday, May 14th. Finally, analysts at Nomura reiterated a “reduce” rating on shares of COCA COLA HELLENIC BOTTLING CO American Depositary Shares (each representing one Ordinary Share) in a research note on Tuesday, April 29th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $1,114.66.

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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