Insider Selling: Coca-Cola HBC (LON:CCH) Insider Sells £284,100 in Stock

Coca-Cola HBC AG (LON:CCH) insider Anastasios Leventis sold 6,000 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of GBX 4,735, for a total transaction of £284,100.

Coca-Cola HBC Stock Up 0.9%

Shares of CCH opened at GBX 4,810.48 on Friday. Coca-Cola HBC AG has a 1 year low of GBX 3,270 and a 1 year high of GBX 4,890. The company’s 50-day simple moving average is GBX 4,141.37 and its 200-day simple moving average is GBX 3,812.81. The stock has a market capitalization of £17.49 billion, a PE ratio of 19.17, 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.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CCH. Jefferies Financial Group boosted their price objective on Coca-Cola HBC from GBX 4,400 to GBX 4,600 and gave the company a “buy” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC in a research note on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating for the company in a report on Friday, November 28th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 4,197.

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.