Anastassis David Sells 29,277 Shares of Coca-Cola HBC (LON:CCH) Stock

Coca-Cola HBC AG (LON:CCH) insider Anastassis David sold 29,277 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of GBX 4,711, for a total value of £1,379,239.47.

Coca-Cola HBC Stock Performance

Shares of LON CCH opened at GBX 4,724 on Wednesday. Coca-Cola HBC AG has a 52-week low of GBX 3,242 and a 52-week high of GBX 4,756. The stock has a market capitalization of £17.17 billion, a price-to-earnings ratio of 18.82, a PEG ratio of 1.03 and a beta of 0.94. The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 137.31. The stock’s fifty day simple moving average is GBX 3,976.68 and its 200 day simple moving average is GBX 3,758.95.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft lowered 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 report on Friday, November 28th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Coca-Cola HBC in a research note on Friday, January 9th. Finally, Jefferies Financial Group upped 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. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target 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.