Coca-Cola HBC (LON:CCH) Insider Acquires £5,376.08 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic acquired 136 shares of the stock in a transaction dated Friday, January 16th. The stock was acquired at an average cost of GBX 3,953 per share, with a total value of £5,376.08.

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

• On Wednesday, December 31st, Zoran Bogdanovic sold 1,009 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 3,857, for a total value of £38,917.13.
• On Wednesday, December 17th, Zoran Bogdanovic acquired 143 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 3,773 per share, with a total value of £5,395.39.
• On Friday, November 21st, Zoran Bogdanovic sold 15,000 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 3,616, for a total transaction of £542,400.
• On Monday, November 17th, Zoran Bogdanovic purchased 153 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 3,633 per share, for a total transaction of £5,558.49.

Coca-Cola HBC Trading Down 0.1%

Shares of LON CCH traded down GBX 2 during trading on Monday, hitting GBX 3,924. 362,235 shares of the company traded hands, compared to its average volume of 2,254,424. The firm has a market capitalization of £14.26 billion, a P/E ratio of 15.63, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a quick ratio of 0.80, a current ratio of 1.14 and a debt-to-equity ratio of 137.31. The company has a 50-day moving average price of GBX 3,756.56 and a 200-day moving average price of GBX 3,723.26. Coca-Cola HBC AG has a 1 year low of GBX 2,748 and a 1 year high of GBX 4,102.

Analyst Ratings Changes

A number of brokerages have weighed in on CCH. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 4,400 price target on shares of Coca-Cola HBC in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft cut their price objective on Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating on the stock in a research report on Friday, November 28th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC in a research note on Friday, January 9th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 4,147.

Coca-Cola HBC Company Profile

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.