Coca Cola HBC AG Receives Consensus Rating of “Hold” from Analysts (LON:CCH)
Coca Cola HBC AG (LON:CCH) has been given an average rating of “Hold” by the ten analysts that are currently covering the stock, American Banking News reports. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 1,484.70 ($24.57).
Coca Cola HBC AG (LON:CCH) traded up 0.21% during mid-day trading on Friday, hitting GBX 1404.00. The stock had a trading volume of 109,581 shares. Coca Cola HBC AG has a one year low of GBX 1277.00 and a one year high of GBX 1979.0001. The stock’s 50-day moving average is GBX 1363. and its 200-day moving average is GBX 1430.68.
Several analysts have recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Coca Cola HBC AG in a research note on Tuesday. They now have a GBX 1,450 ($23.99) price target on the stock. Finally, 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.
Coca-Cola HBC AG, is a bottler of non-alcoholic ready-to-drink beverages in Europe, operating in 28 countries.
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