J P Morgan Chase & Co restated their overweight rating on shares of Coca Cola HBC AG (LON:CCH) in a report published on Monday, October 9th, Marketbeat reports. They currently have a GBX 2,800 ($37.20) price target on the stock.
A number of other research analysts have also recently weighed in on CCH. Shore Capital reiterated a hold rating on shares of Coca Cola HBC AG in a research report on Thursday, August 10th. Barclays PLC reiterated an underweight rating on shares of Coca Cola HBC AG in a research report on Friday, August 11th. Citigroup Inc. restated a buy rating and issued a GBX 2,900 ($38.53) price target on shares of Coca Cola HBC AG in a report on Friday, August 11th. Morgan Stanley upgraded shares of Coca Cola HBC AG to an equal weight rating and upped their price target for the stock from GBX 1,800 ($23.92) to GBX 2,400 ($31.89) in a report on Friday, September 22nd. Finally, Deutsche Bank AG upped their price target on shares of Coca Cola HBC AG from GBX 1,950 ($25.91) to GBX 2,400 ($31.89) and gave the stock a hold rating in a report on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 2,380.55 ($31.63).
Coca Cola HBC AG (CCH) opened at 2570.00 on Monday. The firm’s market cap is GBX 9.35 billion. The stock’s 50 day moving average is GBX 2,584.24 and its 200-day moving average is GBX 2,360.82. Coca Cola HBC AG has a one year low of GBX 1,602.00 and a one year high of GBX 2,682.00.
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In related news, insider SANDA PAREZANOVIC acquired 34 shares of the firm’s stock in a transaction that occurred on Wednesday, July 26th. The stock was purchased at an average cost of GBX 2,243 ($29.80) per share, with a total value of £762.62 ($1,013.31). Also, insider Michalis Imellos acquired 43 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The stock was bought at an average cost of GBX 2,591 ($34.43) per share, with a total value of £1,114.13 ($1,480.37). Over the last three months, insiders have acquired 162 shares of company stock valued at $407,756.
About Coca Cola HBC AG
Coca Cola HBC AG is a Switzerland-based bottler of Coca-Cola products. The Company’s segments include Established markets, including Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland; Developing markets, including Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, and Emerging markets, including Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.
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