Coca Cola HBC AG (CCH) PT Raised to GBX 2,820
Coca Cola HBC AG (LON:CCH) had its price objective raised by equities research analysts at Credit Suisse Group from GBX 2,400 ($31.25) to GBX 2,820 ($36.72) in a research note issued to investors on Friday. The firm currently has an “outperform” rating on the stock. Credit Suisse Group’s price target would suggest a potential upside of 8.80% from the stock’s previous close.
A number of other brokerages also recently commented on CCH. Shore Capital reissued a “hold” rating on shares of Coca Cola HBC AG in a research report on Thursday, May 11th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 2,071 ($26.97) price objective on shares of Coca Cola HBC AG in a research report on Friday, May 12th. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 2,500 ($32.56) price objective on shares of Coca Cola HBC AG in a research report on Monday, May 22nd. Barclays PLC reissued an “underweight” rating on shares of Coca Cola HBC AG in a research report on Friday. Finally, Jefferies Group LLC reissued a “buy” rating and issued a GBX 2,200 ($28.65) price objective on shares of Coca Cola HBC AG in a research report on Friday, May 12th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. Coca Cola HBC AG presently has a consensus rating of “Hold” and an average target price of GBX 2,287.33 ($29.79).
Coca Cola HBC AG (CCH) remained flat at GBX 2592.00 during trading on Friday. 752,556 shares of the company’s stock traded hands. Coca Cola HBC AG has a 52 week low of GBX 1,602.00 and a 52 week high of GBX 2,656.00. The stock’s 50 day moving average price is GBX 2,296.08 and its 200 day moving average price is GBX 2,131.30. The stock’s market cap is GBX 9.45 billion.
COPYRIGHT VIOLATION WARNING: “Coca Cola HBC AG (CCH) PT Raised to GBX 2,820” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://www.americanbankingnews.com/2017/08/13/coca-cola-hbc-ag-cch-pt-raised-to-gbx-2820.html.
In related news, insider JAN GUSTAVSSON bought 104 shares of the business’s stock in a transaction dated Monday, July 17th. The stock was bought at an average price of GBX 2,240 ($29.17) per share, for a total transaction of £2,329.60 ($3,033.73). Also, insider SANDA PAREZANOVIC bought 34 shares of the business’s stock in a transaction dated Wednesday, July 26th. The shares were bought at an average price of GBX 2,243 ($29.21) per share, with a total value of £762.62 ($993.12). In the last 90 days, insiders have bought 204 shares of company stock valued at $458,844.
Coca Cola HBC AG Company Profile
Coca Cola HBC AG is a Switzerland-based bottler of Coca-Cola products. The Company’s segments include Established markets, including Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland; Developing markets, including Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, and Emerging markets, including Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.
Receive News & Ratings for Coca Cola HBC AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca Cola HBC AG and related companies with MarketBeat.com's FREE daily email newsletter.