Coca-Cola HBC (CCHGY) – What Are Investment Firms Saying About This Stock?

Shares of Coca-Cola HBC (OTCMKTS:CCHGY) have received an average rating of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company.

Several brokerages have recently issued reports on CCHGY. Citigroup reaffirmed a “neutral” rating on shares of Coca-Cola HBC in a research note on Friday, July 3rd. Investec cut shares of Coca-Cola HBC to a “hold” rating in a research report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Coca-Cola HBC in a research note on Wednesday, September 16th. BNP Paribas Exane downgraded shares of Coca-Cola HBC to a “neutral” rating in a research note on Monday, August 10th. Finally, Zacks Research upgraded shares of Coca-Cola HBC to a “hold” rating in a report on Tuesday, September 8th.

Coca-Cola HBC Price Performance

Shares of OTCMKTS:CCHGY opened at $57.42 on Thursday. Coca-Cola HBC has a 1-year low of $44.85 and a 1-year high of $68.71. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.37 and a quick ratio of 1.18. The business has a 50-day moving average price of $60.17 and a two-hundred day moving average price of $60.61.

About Coca-Cola HBC

Coca-Cola HBC plc is a consumer packaged goods company and one of the largest bottlers of The Coca-Cola Company products. Headquartered in Zug, Switzerland, Coca-Cola HBC manufactures, sells and distributes beverages under brands including Coca-Cola, Coca-Cola Zero Sugar, Fanta and Sprite, along with a range of other branded and licensed products.

The company’s portfolio also includes water, juice, energy drinks, sports drinks, coffee and ready-to-drink alcoholic and non-alcoholic beverages.