Coca-Cola HBC (LON:CCH) Insider Anastassis David Sells 2,991 Shares

Coca-Cola HBC AG (LON:CCH) insider Anastassis David sold 2,991 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of GBX 4,713, for a total transaction of £140,965.83.

Coca-Cola HBC Price Performance

Shares of LON:CCH opened at GBX 4,704 on Friday. The firm has a market cap of £17.10 billion, a price-to-earnings ratio of 18.74, a P/E/G ratio of 1.03 and a beta of 0.94. The firm has a fifty day moving average price of GBX 3,934.04 and a 200 day moving average price of GBX 3,750.82. Coca-Cola HBC AG has a fifty-two week low of GBX 3,166 and a fifty-two week high of GBX 4,740. The company has a debt-to-equity ratio of 137.31, a quick ratio of 0.80 and a current ratio of 1.14.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CCH. Jefferies Financial Group lifted their target price on Coca-Cola HBC from GBX 4,400 to GBX 4,600 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft reduced their price objective on Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating on the stock in a research note on Friday, November 28th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC in a research report on Friday, January 9th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, Coca-Cola HBC has a consensus rating of “Buy” and a consensus price target of GBX 4,197.

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 750 million consumers across a broad geographic footprint of 29 countries.