Brokerages Set Coca-Cola HBC AG (CCH) Price Target at $2,546.90
Shares of Coca-Cola HBC AG (LON:CCH) have been given a consensus recommendation of “Hold” by the twelve brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 2,546.90 ($33.50).
A number of equities research analysts recently commented on the stock. Shore Capital restated a “hold” rating on shares of Coca-Cola HBC AG in a report on Thursday, November 9th. Citigroup Inc. restated a “buy” rating and set a GBX 2,900 ($38.14) price objective on shares of Coca-Cola HBC AG in a report on Friday, August 11th. Deutsche Bank AG raised their price objective on shares of Coca-Cola HBC AG from GBX 1,950 ($25.65) to GBX 2,400 ($31.57) and gave the stock a “hold” rating in a report on Tuesday, August 22nd. Jefferies Group LLC restated a “hold” rating and set a GBX 2,700 ($35.51) price objective on shares of Coca-Cola HBC AG in a report on Friday, November 10th. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 2,800 ($36.83) price objective on shares of Coca-Cola HBC AG in a report on Friday, November 10th.
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Shares of Coca-Cola HBC AG (CCH) traded up GBX 2 ($0.03) during trading hours on Friday, hitting GBX 2,440 ($32.09). 651,648 shares of the company were exchanged, compared to its average volume of 606,523. Coca-Cola HBC AG has a fifty-two week low of GBX 1,602 ($21.07) and a fifty-two week high of GBX 2,682 ($35.28).
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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