Wall Street Zen Upgrades Coca‑Cola HBC (OTC:CCHGY) to Buy

Coca‑Cola HBC (OTC:CCHGY) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Monday.

Coca‑Cola HBC Price Performance

Shares of Coca‑Cola HBC stock opened at $56.73 on Monday. Coca‑Cola HBC has a 12-month low of $42.30 and a 12-month high of $65.93.

Coca‑Cola HBC (OTC: CCHGY) is a major bottler and distributor within the Coca‑Cola system, responsible for producing, packaging, marketing and delivering a broad range of nonalcoholic beverages. Headquartered in Steinhausen, Switzerland, the company operates as a contract partner of The Coca‑Cola Company and focuses on bringing global brands and local beverage offerings to retail, foodservice and vending customers.

The company’s product portfolio spans carbonated soft drinks such as Coca‑Cola, Coca‑Cola Zero Sugar, Fanta and Sprite, as well as a range of still beverages including juices, bottled water, ready‑to‑drink teas and coffees, sports drinks and energy beverages.