Coca-Cola HBC (LON:CCH) Insider Purchases £5,914.39 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic purchased 127 shares of the company’s stock in a transaction on Thursday, September 17th. The stock was bought at an average cost of GBX 4,657 per share, for a total transaction of £5,914.39.

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

• On Monday, August 17th, Zoran Bogdanovic acquired 120 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 4,553 per share, with a total value of £5,463.60.
• On Friday, July 17th, Zoran Bogdanovic acquired 110 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 4,964 per share, with a total value of £5,460.40.
• On Friday, June 26th, Zoran Bogdanovic sold 13,609 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 4,808, for a total value of £654,320.72.

Coca-Cola HBC Stock Down 7.9%

Shares of Coca-Cola HBC stock opened at GBX 4,248 on Monday. The stock’s fifty day moving average is GBX 4,714.47 and its 200-day moving average is GBX 4,537.23. The firm has a market capitalization of £15.48 billion, a PE ratio of 16.40, a price-to-earnings-growth ratio of 1.03 and a beta of 0.54. The company has a quick ratio of 0.80, a current ratio of 1.37 and a debt-to-equity ratio of 150.62. Coca-Cola HBC AG has a 12-month low of GBX 3,270 and a 12-month high of GBX 5,195.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Citigroup boosted their price objective on Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock a “neutral” rating in a report on Friday, July 3rd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,500 target price on shares of Coca-Cola HBC in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the stock a “buy” rating in a research report on Wednesday, September 16th. Finally, Berenberg Bank boosted their price target on shares of Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the company a “buy” rating in a report on Thursday, August 6th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 5,320.60.

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 760 million consumers across a broad geographic footprint of 29 countries.