Coca-Cola HBC (LON:CCH) Price Target Raised to GBX 4,600

Coca-Cola HBC (LON:CCH) had its target price upped by Jefferies Financial Group from GBX 4,400 to GBX 4,600 in a report published on Wednesday, MarketBeat reports. They currently have a buy rating on the stock.

CCH has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft decreased their price target on Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating for the company in a research note on Friday, November 28th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC in a research note on Friday, January 9th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 4,197.

Coca-Cola HBC Stock Up 0.7%

Shares of LON CCH opened at GBX 4,258 on Wednesday. Coca-Cola HBC has a 1 year low of GBX 2,847.60 and a 1 year high of GBX 4,184. The firm has a 50-day simple moving average of GBX 3,851 and a two-hundred day simple moving average of GBX 3,730.64. The company has a market cap of £15.48 billion, a P/E ratio of 16.96, a PEG ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 137.31, a current ratio of 1.14 and a quick ratio of 0.80.

Insider Buying and Selling

In other Coca-Cola HBC news, insider Zoran Bogdanovic sold 15,000 shares of Coca-Cola HBC stock in a transaction on Friday, November 21st. The stock was sold at an average price of GBX 3,616, for a total transaction of £542,400. In the last quarter, insiders acquired 432 shares of company stock worth $1,632,996. Company insiders own 99.20% of the company’s stock.

Coca-Cola HBC Company Profile

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 750 million consumers across a broad geographic footprint of 29 countries.