Zoran Bogdanovic Sells 15,000 Shares of Coca-Cola HBC (LON:CCH) Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic sold 15,000 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of GBX 3,616, for a total transaction of £542,400.

Zoran Bogdanovic also recently made the following trade(s):

• On Monday, November 17th, Zoran Bogdanovic bought 153 shares of Coca-Cola HBC stock. The stock was purchased at an average cost of GBX 3,633 per share, for a total transaction of £5,558.49.
• On Friday, October 17th, Zoran Bogdanovic bought 154 shares of Coca-Cola HBC stock. The shares were acquired at an average cost of GBX 3,546 per share, with a total value of £5,460.84.
• On Wednesday, September 17th, Zoran Bogdanovic bought 150 shares of Coca-Cola HBC stock. The stock was bought at an average cost of GBX 3,603 per share, with a total value of £5,404.50.

Coca-Cola HBC Price Performance

Shares of CCH traded up GBX 34.52 during mid-day trading on Monday, reaching GBX 3,690. The company had a trading volume of 1,265,470 shares, compared to its average volume of 2,206,141. The company has a market capitalization of £13.41 billion, a price-to-earnings ratio of 14.70, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 137.31, a quick ratio of 0.80 and a current ratio of 1.14. The company’s 50 day simple moving average is GBX 3,514.93 and its 200 day simple moving average is GBX 3,749.99. Coca-Cola HBC AG has a 1-year low of GBX 2,652 and a 1-year high of GBX 4,102.

Wall Street Analysts Forecast Growth

CCH has been the topic of a number of recent analyst reports. Jefferies Financial Group restated a “buy” rating and issued a GBX 4,400 price target on shares of Coca-Cola HBC in a research report on Thursday, August 7th. Berenberg Bank restated a “buy” rating and issued a GBX 4,068 target price on shares of Coca-Cola HBC in a report on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft increased their price target on Coca-Cola HBC from GBX 3,950 to GBX 4,300 and gave the stock a “buy” rating in a report on Thursday, August 7th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Coca-Cola HBC in a research note on Thursday, November 6th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 4,104.50.

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 750 million consumers across a broad geographic footprint of 29 countries.