Zoran Bogdanovic Acquires 119,532 Shares of Coca-Cola HBC (LON:CCH) Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic bought 119,532 shares of Coca-Cola HBC stock in a transaction that occurred on Tuesday, March 17th. The stock was bought at an average cost of GBX 4,557 per share, with a total value of £5,447,073.24.

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

• On Tuesday, February 17th, Zoran Bogdanovic acquired 115,883 shares of Coca-Cola HBC stock. The stock was acquired at an average cost of GBX 4,751 per share, for a total transaction of £5,505,601.33.
• On Friday, February 13th, Zoran Bogdanovic sold 30,000 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 4,694, for a total transaction of £1,408,200.
• On Friday, January 16th, Zoran Bogdanovic bought 136 shares of Coca-Cola HBC stock. The stock was acquired at an average cost of GBX 3,953 per share, with a total value of £5,376.08.
• On Wednesday, December 31st, Zoran Bogdanovic sold 1,009 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 3,857, for a total transaction of £38,917.13.

Coca-Cola HBC Stock Down 1.7%

LON:CCH traded down GBX 78.56 on Wednesday, hitting GBX 4,459.44. 725,424 shares of the company’s stock were exchanged, compared to its average volume of 3,107,284. The firm has a 50-day moving average price of GBX 4,321.38 and a 200-day moving average price of GBX 3,870.48. Coca-Cola HBC AG has a 52 week low of GBX 3,270 and a 52 week high of GBX 4,890. The company has a debt-to-equity ratio of 107.40, a current ratio of 1.19 and a quick ratio of 0.80. The company has a market cap of £16.21 billion, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 1.03 and a beta of 0.52.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on CCH shares. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft reduced their price target 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. Finally, Jefferies Financial Group increased their price objective 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 equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Coca-Cola HBC currently has an average rating of “Buy” and a consensus target price of GBX 4,197.

About Coca-Cola HBC

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.