Shore Capital restated their hold rating on shares of Coca Cola HBC AG (LON:CCH) in a report released on Thursday morning.
Other equities research analysts have also issued research reports about the stock. Jefferies Group LLC reissued a buy rating and set a GBX 2,200 ($28.65) target price on shares of Coca Cola HBC AG in a research note on Friday, May 12th. Citigroup Inc. reissued a buy rating on shares of Coca Cola HBC AG in a research note on Monday, May 15th. Numis Securities Ltd reissued a hold rating and set a GBX 2,071 ($26.97) target price on shares of Coca Cola HBC AG in a research note on Friday, May 12th. BNP Paribas reissued an outperform rating and set a GBX 2,700 ($35.16) target price on shares of Coca Cola HBC AG in a research note on Wednesday, July 19th. Finally, J P Morgan Chase & Co reissued an overweight rating and set a GBX 2,500 ($32.56) target price on shares of Coca Cola HBC AG in a research note on Monday, May 22nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company. Coca Cola HBC AG currently has a consensus rating of Hold and an average price target of GBX 2,198.73 ($28.63).
Coca Cola HBC AG (CCH) remained flat at GBX 2592.00 during mid-day trading on Thursday. The company’s stock had a trading volume of 752,556 shares. Coca Cola HBC AG has a 52-week low of GBX 1,572.00 and a 52-week high of GBX 2,656.00. The company’s 50 day moving average price is GBX 2,296.08 and its 200-day moving average price is GBX 2,131.30. The company’s market cap is GBX 9.45 billion.
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The firm also recently disclosed a dividend, which was paid on Tuesday, July 25th. Investors of record on Thursday, June 29th were paid a €0.44 ($0.52) dividend. This represents a dividend yield of 1.71%. The ex-dividend date of this dividend was Thursday, June 29th.
In other news, insider JAN GUSTAVSSON bought 104 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The shares were purchased at an average price of GBX 2,240 ($29.17) per share, for a total transaction of £2,329.60 ($3,033.73). Also, insider Dimitris Lois bought 33 shares of the company’s stock in a transaction that occurred on Friday, June 16th. The stock was purchased at an average price of GBX 2,329 ($30.33) per share, for a total transaction of £768.57 ($1,000.87). In the last ninety days, insiders purchased 204 shares of company stock valued at $458,844.
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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