Insider Buying: Coca-Cola HBC (LON:CCH) Insider Buys £5,395.39 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic acquired 143 shares of the business’s stock in a transaction on Wednesday, December 17th. The shares were bought at an average cost of GBX 3,773 per share, for a total transaction of £5,395.39.

Zoran Bogdanovic also recently made the following trade(s):

• On Friday, November 21st, Zoran Bogdanovic sold 15,000 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 3,616, for a total transaction of £542,400.
• On Monday, November 17th, Zoran Bogdanovic purchased 153 shares of Coca-Cola HBC stock. The stock was bought at an average cost of GBX 3,633 per share, with a total value of £5,558.49.
• On Friday, October 17th, Zoran Bogdanovic acquired 154 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 3,546 per share, with a total value of £5,460.84.

Coca-Cola HBC Stock Performance

Shares of CCH traded up GBX 34 during midday trading on Thursday, reaching GBX 3,814. 2,041,873 shares of the stock were exchanged, compared to its average volume of 2,347,333. Coca-Cola HBC AG has a twelve month low of GBX 2,652 and a twelve month high of GBX 4,102. The company has a debt-to-equity ratio of 137.31, a current ratio of 1.14 and a quick ratio of 0.80. The company has a market capitalization of £13.86 billion, a price-to-earnings ratio of 15.20, a PEG ratio of 1.03 and a beta of 0.94. The business’s 50-day moving average price is GBX 3,593.01 and its 200 day moving average price is GBX 3,729.25.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CCH. Deutsche Bank Aktiengesellschaft reduced their price objective 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 Thursday, November 6th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 4,147.

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.