Coca Cola HBC AG (CCH) Price Target Increased to GBX 2,100 by Analysts at Jefferies Group
Coca Cola HBC AG (LON:CCH) had its target price boosted by Jefferies Group from GBX 2,000 ($24.38) to GBX 2,100 ($25.59) in a research report report published on Monday morning. They currently have a buy rating on the stock.
Several other analysts have also commented on CCH. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 1,500 ($18.28) target price on shares of Coca Cola HBC AG in a report on Monday, June 27th. Deutsche Bank AG increased their price target on Coca Cola HBC AG from GBX 1,500 ($18.28) to GBX 1,600 ($19.50) and gave the stock a hold rating in a research report on Wednesday, July 6th. Citigroup Inc. reiterated a buy rating on shares of Coca Cola HBC AG in a research report on Thursday, July 7th. Barclays PLC increased their price target on Coca Cola HBC AG from GBX 1,300 ($15.84) to GBX 1,400 ($17.06) and gave the stock an underweight rating in a research report on Friday, July 8th. Finally, Credit Suisse Group AG increased their price target on Coca Cola HBC AG from GBX 1,500 ($18.28) to GBX 1,600 ($19.50) and gave the stock a neutral rating in a research report on Friday, July 8th. Four investment 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. The company has a consensus rating of Hold and an average price target of GBX 1,641.33 ($20.00).
Coca Cola HBC AG (LON:CCH) opened at 1844.00 on Monday. The company’s market cap is GBX 6.73 billion. Coca Cola HBC AG has a 52-week low of GBX 1,250.00 and a 52-week high of GBX 1,889.00. The stock’s 50 day moving average price is GBX 1,732.77 and its 200 day moving average price is GBX 1,538.35.
In related news, insider Lois ,Dimitris acquired 935 shares of Coca Cola HBC AG stock in a transaction that occurred on Wednesday, July 27th. The shares were purchased at an average price of GBX 1,582 ($19.28) per share, for a total transaction of £14,791.70 ($18,027.67).
About Coca Cola HBC AG
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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