COCA-COLA HBC (CCHGY) to Post FY2017 Earnings of $1.43 Per Share, Jefferies Group Forecasts
COCA-COLA HBC (OTC:CCHGY) – Jefferies Group boosted their FY2017 EPS estimates for shares of COCA-COLA HBC in a report issued on Wednesday. Jefferies Group analyst E. Mundy now anticipates that the company will post earnings per share of $1.43 for the year, up from their previous forecast of $1.25. Jefferies Group currently has a “Hold” rating on the stock. Jefferies Group also issued estimates for COCA-COLA HBC’s FY2018 earnings at $1.58 EPS.
Shares of COCA-COLA HBC (OTC CCHGY) opened at 33.82 on Thursday. The company’s 50-day moving average price is $34.13 and its 200 day moving average price is $30.23. The firm has a market capitalization of $12.31 billion and a PE ratio of 26.14. COCA-COLA HBC has a 12-month low of $20.20 and a 12-month high of $35.32.
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.
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