Coca Cola HBC AG’s “Equal weight” Rating Reaffirmed at Barclays (CCH)
Coca Cola HBC AG (LON:CCH)‘s stock had its “equal weight” rating reaffirmed by Barclays in a research note issued on Tuesday. They currently have a GBX 1,450 ($23.99) target price on the stock. Barclays’ price target would indicate a potential upside of 5.38% from the stock’s previous close.
Coca Cola HBC AG (LON:CCH) opened at 1389.00 on Tuesday. Coca Cola HBC AG has a 52 week low of GBX 1277.00 and a 52 week high of GBX 1979.0001. The stock has a 50-day moving average of GBX 1358. and a 200-day moving average of GBX 1433..
CCH has been the subject of a number of other recent research reports. Analysts at HSBC cut their price target on shares of Coca Cola HBC AG from GBX 1,550 ($25.65) to GBX 1,450 ($23.99) in a research note on Monday, August 11th. They now have a “neutral” rating 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, August 11th. They now have a GBX 1,357 ($22.46) price target on the stock. Finally, analysts at Deutsche Bank upgraded shares of Coca Cola HBC AG to a “buy” rating in a research note on Friday, August 8th. They now have a GBX 1,500 ($24.82) price target on the stock, up previously from GBX 1,400 ($23.17). Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,484.70 ($24.57).
Coca-Cola HBC AG, is a bottler of non-alcoholic ready-to-drink beverages in Europe, operating in 28 countries.
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