Coca-Cola HBC AG (LON:CCH) Insider Zoran Bogdanovic Sells 5,528 Shares

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic sold 5,528 shares of the company’s stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of GBX 2,315 ($29.18), for a total transaction of £127,973.20 ($161,317.53).

Zoran Bogdanovic also recently made the following trade(s):

• On Thursday, August 17th, Zoran Bogdanovic purchased 194 shares of Coca-Cola HBC stock. The shares were purchased at an average price of GBX 2,320 ($29.24) per share, with a total value of £4,500.80 ($5,673.52).
• On Monday, July 17th, Zoran Bogdanovic acquired 188 shares of Coca-Cola HBC stock. The stock was bought at an average cost of GBX 2,356 ($29.70) per share, with a total value of £4,429.28 ($5,583.36).
• On Friday, June 30th, Zoran Bogdanovic sold 12,000 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 2,334 ($29.42), for a total transaction of £280,080 ($353,056.85).
• On Friday, June 16th, Zoran Bogdanovic purchased 190 shares of Coca-Cola HBC stock. The stock was acquired at an average cost of GBX 2,328 ($29.35) per share, with a total value of £4,423.20 ($5,575.70).

Coca-Cola HBC Stock Performance

Shares of LON CCH opened at GBX 2,257.50 ($28.46) on Friday. The company has a current ratio of 1.21, a quick ratio of 0.80 and a debt-to-equity ratio of 108.31. The business has a fifty day simple moving average of GBX 2,317.84 and a 200 day simple moving average of GBX 2,309.57. Coca-Cola HBC AG has a one year low of GBX 1,811 ($22.83) and a one year high of GBX 2,582 ($32.55). The firm has a market capitalization of £8.31 billion, a price-to-earnings ratio of 1,505.00, a PEG ratio of 2.36 and a beta of 0.94.

Analyst Ratings Changes

Several research firms have issued reports on CCH. Deutsche Bank Aktiengesellschaft boosted their price objective on Coca-Cola HBC from GBX 2,950 ($37.19) to GBX 3,150 ($39.71) and gave the stock a “buy” rating in a report on Friday, July 7th. Numis Securities reaffirmed an “add” rating and issued a GBX 2,800 ($35.30) price objective on shares of Coca-Cola HBC in a research note on Thursday, May 25th. Barclays increased their price target on Coca-Cola HBC from GBX 2,700 ($34.04) to GBX 3,000 ($37.82) and gave the company an “overweight” rating in a report on Tuesday, July 18th. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,000 ($37.82) price objective on shares of Coca-Cola HBC in a research report on Tuesday, July 11th. Finally, Citigroup reissued a “neutral” rating on shares of Coca-Cola HBC in a research report on Monday, July 10th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,803.33 ($35.34).

About Coca-Cola HBC

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