Coca-Cola HBC (OTCMKTS:CCHGY) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Coca-Cola HBC (OTCMKTS:CCHGY) from a hold rating to a buy rating in a research report sent to investors on Tuesday morning.

Several other research firms have also issued reports on CCHGY. Morgan Stanley assumed coverage on shares of Coca-Cola HBC in a research note on Thursday, October 2nd. They set an “overweight” rating on the stock. Zacks Research downgraded Coca-Cola HBC from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Coca-Cola HBC in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Coca-Cola HBC Trading Down 0.8%

CCHGY stock opened at $47.16 on Tuesday. Coca-Cola HBC has a one year low of $32.75 and a one year high of $55.60. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.92 and a current ratio of 1.14. The firm’s fifty day moving average is $46.99 and its 200 day moving average is $50.48.

Coca-Cola HBC Company Profile

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.