Coca Cola HBC AG Given Neutral Rating at Credit Suisse (CCH)
Coca Cola HBC AG (LON:CCH)‘s stock had its “neutral” rating reaffirmed by equities researchers at Credit Suisse in a research report issued on Thursday. They currently have a GBX 1,500 ($25.24) price objective on the stock. Credit Suisse’s price objective suggests a potential upside of 9.09% from the company’s current price.
Shares of Coca Cola HBC AG (LON:CCH) opened at 1322.00 on Thursday. Coca Cola HBC AG has a 52 week low of GBX 1291.00 and a 52 week high of GBX 1979.0001. The stock has a 50-day moving average of GBX 1366. and a 200-day moving average of GBX 1464..
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “reduce” rating on shares of Coca Cola HBC AG in a research note on Monday, July 21st. They now have a GBX 1,140 ($19.18) price target on the stock. Separately, analysts at Goldman Sachs upgraded shares of Coca Cola HBC AG to a “buy” rating in a research note on Friday, July 11th. They now have a GBX 1,550 ($26.08) price target on the stock, down previously from GBX 1,670 ($28.10). Finally, analysts at Deutsche Bank cut their price target on shares of Coca Cola HBC AG from GBX 1,700 ($28.61) to GBX 1,400 ($23.56) in a research note on Monday, June 9th. They now have a “hold” rating on the stock. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 1,485.33 ($24.99).
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.