Coca-Cola HBC (OTCMKTS:CCHGY) PT Raised to GBX 2,700 at Deutsche Bank Aktiengesellschaft

Coca-Cola HBC (OTCMKTS:CCHGYGet Rating) had its price target boosted by Deutsche Bank Aktiengesellschaft from GBX 2,600 ($31.42) to GBX 2,700 ($32.62) in a report published on Monday, The Fly reports.

Several other research analysts have also commented on the company. UBS Group lifted their price target on Coca-Cola HBC from GBX 2,250 ($27.19) to GBX 2,400 ($29.00) in a research report on Wednesday, August 17th. Morgan Stanley lifted their target price on Coca-Cola HBC from GBX 1,850 ($22.35) to GBX 1,950 ($23.56) in a research note on Wednesday, July 20th. Citigroup lifted their target price on Coca-Cola HBC from GBX 1,825 ($22.05) to GBX 2,200 ($26.58) in a research note on Monday, August 15th. Finally, Barclays lifted their target price on Coca-Cola HBC from GBX 2,000 ($24.17) to GBX 2,600 ($31.42) in a research note on Tuesday, August 30th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Coca-Cola HBC currently has an average rating of Moderate Buy and a consensus target price of $2,291.67.

Coca-Cola HBC Trading Up 1.1 %

CCHGY opened at $23.11 on Monday. Coca-Cola HBC has a 52 week low of $18.89 and a 52 week high of $37.01. The business’s 50 day moving average is $23.36 and its two-hundred day moving average is $22.04. The company has a quick ratio of 1.05, a current ratio of 1.25 and a debt-to-equity ratio of 0.82.

Coca-Cola HBC Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, August 16th. Investors of record on Monday, July 11th were paid a $0.6938 dividend. The ex-dividend date was Friday, July 8th. This represents a dividend yield of 3.1%.

About Coca-Cola HBC

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Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages worldwide. The company offers sparkling soft drinks, hydration drinks, juices, ready-to-drink tea, energy drinks, coffee, water, plant-based drinks, premium spirits and flavored alcoholic beverages, and snacks.

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Analyst Recommendations for Coca-Cola HBC (OTCMKTS:CCHGY)

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