Anastassis David Sells 2,991 Shares of Coca-Cola HBC (LON:CCH) Stock

Coca-Cola HBC AG (LON:CCH) insider Anastassis David sold 2,991 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of GBX 4,713, for a total value of £140,965.83.

Coca-Cola HBC Trading Down 0.4%

Shares of CCH opened at GBX 4,704 on Friday. Coca-Cola HBC AG has a fifty-two week low of GBX 3,166 and a fifty-two week high of GBX 4,740. The business has a 50-day moving average of GBX 3,934.04 and a 200 day moving average of GBX 3,749.54. The firm has a market cap of £17.10 billion, a P/E ratio of 18.74, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 137.31, a quick ratio of 0.80 and a current ratio of 1.14.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating on the stock in a research note on Friday, November 28th. Jefferies Financial Group increased their target price on Coca-Cola HBC from GBX 4,400 to GBX 4,600 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Coca-Cola HBC in a report on Friday, January 9th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, Coca-Cola HBC presently has an average rating of “Buy” and a consensus target price of GBX 4,197.

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.