Coca-Cola HBC (OTCMKTS:CCHGY) Stock Rating Lowered by Wall Street Zen

Coca-Cola HBC (OTCMKTS:CCHGY) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Sunday.

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Coca-Cola HBC in a research note on Friday, August 8th. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Coca-Cola HBC Price Performance

Coca-Cola HBC stock opened at $52.64 on Friday. Coca-Cola HBC has a 1 year low of $32.75 and a 1 year high of $55.60. The firm has a 50 day moving average price of $52.62 and a 200 day moving average price of $48.76. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.95 and a current ratio of 1.17.

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, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.