Coca-Cola HBC AG (OTCMKTS:CCHGY) Given Average Recommendation of “Moderate Buy” by Analysts

Coca-Cola HBC AG (OTCMKTS:CCHGY) has received a consensus rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

A number of brokerages recently issued reports on CCHGY. Evercore ISI upgraded shares of Coca-Cola HBC to a “hold” rating in a research note on Thursday, October 3rd. Kepler Capital Markets started coverage on shares of Coca-Cola HBC in a research note on Thursday, December 5th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. raised Coca-Cola HBC from a “neutral” rating to an “overweight” rating in a report on Wednesday, November 27th. Barclays raised Coca-Cola HBC to a “strong-buy” rating in a report on Thursday, October 3rd. Finally, Citigroup upgraded Coca-Cola HBC to a “hold” rating in a report on Thursday, October 3rd.

Coca-Cola HBC Stock Performance

Shares of OTCMKTS CCHGY opened at $34.23 on Monday. The business has a 50 day moving average price of $35.00 and a two-hundred day moving average price of $35.43. Coca-Cola HBC has a fifty-two week low of $27.39 and a fifty-two week high of $37.58.

Coca-Cola HBC Company Profile

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.