COCA-COLA HBC A/ADR (OTCMKTS:CCHGY) Cut to “Sell” at ValuEngine

COCA-COLA HBC A/ADR (OTCMKTS:CCHGY) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Monday, ValuEngine reports.

Separately, Zacks Investment Research upgraded shares of COCA-COLA HBC A/ADR from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Friday, October 11th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. COCA-COLA HBC A/ADR has a consensus rating of “Buy” and a consensus target price of $35.00.

OTCMKTS CCHGY opened at $33.26 on Monday. The company has a quick ratio of 0.78, a current ratio of 0.94 and a debt-to-equity ratio of 0.88. COCA-COLA HBC A/ADR has a 12-month low of $29.48 and a 12-month high of $38.80. The company has a market capitalization of $12.05 billion, a PE ratio of 21.88, a price-to-earnings-growth ratio of 2.58 and a beta of 0.27. The firm’s 50 day moving average is $31.23 and its 200-day moving average is $33.87.

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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