Coca Cola HBC AG (LON:CCH)‘s stock had its “outperform” rating restated by analysts at BNP Paribas in a research report issued to clients and investors on Wednesday, July 19th. They currently have a GBX 2,700 ($35.16) price objective on the stock. BNP Paribas’ price target suggests a potential upside of 12.92% from the company’s current price.
Several other research analysts have also recently issued reports on CCH. Barclays PLC increased their target price on shares of Coca Cola HBC AG from GBX 1,650 ($21.49) to GBX 1,750 ($22.79) and gave the stock an “underweight” rating in a report on Friday, March 31st. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 2,100 ($27.35) price target on shares of Coca Cola HBC AG in a research report on Monday, April 10th. Shore Capital reaffirmed a “hold” rating on shares of Coca Cola HBC AG in a research report on Thursday, May 11th. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 2,200 ($28.65) price objective on shares of Coca Cola HBC AG in a research report on Friday, May 12th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 2,071 ($26.97) price objective on shares of Coca Cola HBC AG in a research report on Friday, May 12th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Coca Cola HBC AG currently has an average rating of “Hold” and an average price target of GBX 2,061.60 ($26.85).
Coca Cola HBC AG (LON:CCH) opened at 2379.00 on Wednesday. The company’s 50-day moving average is GBX 2,288.02 and its 200-day moving average is GBX 2,118.57. Coca Cola HBC AG has a 12 month low of GBX 1,567.72 and a 12 month high of GBX 2,409.00. The stock’s market capitalization is GBX 8.64 billion.
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In related news, insider SANDA PAREZANOVIC purchased 34 shares of the company’s stock in a transaction that occurred on Wednesday, July 26th. The shares were purchased at an average price of GBX 2,243 ($29.21) per share, with a total value of £762.62 ($993.12). Also, insider Dimitris Lois purchased 33 shares of the company’s stock in a transaction that occurred on Friday, June 16th. The stock was bought at an average cost of GBX 2,329 ($30.33) per share, for a total transaction of £768.57 ($1,000.87). Insiders have bought a total of 204 shares of company stock worth $458,844 in the last ninety days.
Coca Cola HBC AG Company Profile
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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