COCA-COLA HBC A/ADR (OTCMKTS:CCHGY) Downgraded by Zacks Investment Research

Zacks Investment Research lowered shares of COCA-COLA HBC A/ADR (OTCMKTS:CCHGY) from a hold rating to a sell rating in a report released on Monday, Zacks.com reports.

According to Zacks, “Coca-Cola HBC AG produces, sells and distributes non-alcoholic ready-to-drink beverages under bottlers’ arrangements, franchise arrangements with third parties and under its own brand names. It operates primarily in Austria, Cyprus, Greece, Italy, Northern Ireland, the Republic of Ireland, Switzerland, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, Slovenia, Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, FYROM, Moldova, Montenegro, Nigeria, Romania, the Russian Federation, Serbia and Ukraine. Coca-Cola HBC AG is headquartered in Zug, Switzerland. “

Separately, Barclays raised shares of COCA-COLA HBC A/ADR from an underweight rating to an overweight rating in a research report on Wednesday, June 5th.

Shares of COCA-COLA HBC A/ADR stock opened at $33.02 on Monday. COCA-COLA HBC A/ADR has a 1 year low of $28.53 and a 1 year high of $38.80. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.98 and a current ratio of 1.21. The company has a market capitalization of $11.99 billion, a P/E ratio of 21.72, a PEG ratio of 2.68 and a beta of 0.26. The company’s fifty day moving average is $34.29 and its two-hundred day moving average is $34.97.

About COCA-COLA HBC A/ADR

Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages. The company offers sparkling soft drinks; still drinks, including juices and fruit-based drinks, iced tea, and energy and sports drinks; and natural mineral, spring, and processed water. It markets and sells its products under the Coca-Cola, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice, and Nestea brand names; and distributes third-party products, such as Monster energy drinks, and beer and premium spirits.

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