Coca-Cola HBC (LON:CCH) Given “Buy” Rating at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Coca-Cola HBC (LON:CCH) in a report published on Thursday,Digital Look reports. Jefferies Financial Group currently has a GBX 5,600 price target on the stock.

A number of other equities analysts also recently issued reports on the company. Berenberg Bank increased their price target on Coca-Cola HBC from GBX 5,453 to GBX 5,483 and gave the stock a “buy” rating in a research report on Tuesday, September 29th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 5,620 target price on shares of Coca-Cola HBC in a research note on Tuesday. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 5,325.60.

Coca-Cola HBC Trading Up 0.6%

Shares of LON:CCH opened at GBX 4,232 on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.80 and a debt-to-equity ratio of 150.62. The business has a 50 day moving average of GBX 4,434.16 and a two-hundred day moving average of GBX 4,501.77. Coca-Cola HBC has a 12-month low of GBX 3,540 and a 12-month high of GBX 5,195. The company has a market capitalization of £15.42 billion, a PE ratio of 15.50, a PEG ratio of 1.03 and a beta of 0.52.

Insider Buying and Selling

In related news, insider Zoran Bogdanovic bought 118 shares of the firm’s stock in a transaction on Friday, October 16th. The shares were bought at an average price of GBX 4,377 per share, with a total value of £5,164.86. Insiders acquired a total of 5,115 shares of company stock valued at $21,932,035 in the last quarter. 95.73% of the stock is owned by insiders.

Coca-Cola HBC Company Profile

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.