Coca Cola HBC (CCHGY) Rating Increased to Buy at Deutsche Bank

Deutsche Bank upgraded shares of Coca Cola HBC (OTCMKTS:CCHGY) from a hold rating to a buy rating in a report published on Thursday, Marketbeat Ratings reports.

Several other equities research analysts have also issued reports on CCHGY. Morgan Stanley upgraded Coca Cola HBC from an underweight rating to an equal weight rating in a report on Sunday, September 24th. Jefferies Group lowered Coca Cola HBC from a buy rating to a hold rating in a report on Wednesday, October 11th. Zacks Investment Research upgraded Coca Cola HBC from a sell rating to a hold rating in a report on Tuesday, January 9th. Finally, JPMorgan Chase & Co. lowered Coca Cola HBC from an overweight rating to a neutral rating in a report on Monday, November 13th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Coca Cola HBC has an average rating of Hold and an average price target of $39.00.

Shares of Coca Cola HBC (CCHGY) opened at $33.88 on Thursday. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.52. Coca Cola HBC has a 1-year low of $22.11 and a 1-year high of $35.32.

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Coca Cola HBC Company Profile

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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