Other research analysts have also recently issued reports about the company. Societe Generale lifted their price objective on Coca Cola HBC AG from GBX 1,890 ($23.39) to GBX 2,000 ($24.75) and gave the company a buy rating in a research report on Friday, August 12th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 1,600 ($19.80) price objective on shares of Coca Cola HBC AG in a research report on Friday, August 12th. JPMorgan Chase & Co. lifted their price objective on Coca Cola HBC AG from GBX 1,800 ($22.28) to GBX 1,900 ($23.51) and gave the company an overweight rating in a research report on Friday, August 12th. Numis Securities Ltd cut Coca Cola HBC AG to a hold rating and lifted their price objective for the company from GBX 1,542 ($19.08) to GBX 1,665 ($20.61) in a research report on Monday, August 15th. Finally, Credit Suisse Group AG lifted their price objective on Coca Cola HBC AG from GBX 1,500 ($18.56) to GBX 1,600 ($19.80) and gave the company a neutral rating in a research report on Friday, July 8th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. Coca Cola HBC AG presently has an average rating of Hold and an average price target of GBX 1,633 ($20.21).
Shares of Coca Cola HBC AG (LON:CCH) opened at 1822.00 on Tuesday. Coca Cola HBC AG has a 1-year low of GBX 1,250.00 and a 1-year high of GBX 1,889.00. The stock’s market cap is GBX 6.65 billion. The stock’s 50 day moving average price is GBX 1,727.00 and its 200-day moving average price is GBX 1,535.80.
In other news, insider Lois ,Dimitris acquired 935 shares of Coca Cola HBC AG stock in a transaction on Wednesday, July 27th. The shares were acquired at an average price of GBX 1,582 ($19.58) per share, with a total value of £14,791.70 ($18,306.56).
Coca Cola HBC AG Company Profile
Coca-Cola HBC AG and its subsidiaries are principally engaged in the production, sales and distribution of non-alcoholic ready to drink beverages, under franchise from The Coca-Cola Company. 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, FYROM, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.
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