Coca-Cola HBC (LON:CCH) Insider Anastassis David Sells 29,277 Shares

Coca-Cola HBC AG (LON:CCH) insider Anastassis David sold 29,277 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of GBX 4,711, for a total transaction of £1,379,239.47.

Coca-Cola HBC Stock Performance

Coca-Cola HBC stock opened at GBX 4,704 on Tuesday. Coca-Cola HBC AG has a 52 week low of GBX 3,176 and a 52 week high of GBX 4,740. The stock has a fifty day moving average price of GBX 3,955.04 and a 200 day moving average price of GBX 3,753.37. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 137.31. The firm has a market capitalization of £17.10 billion, a P/E ratio of 18.74, a PEG ratio of 1.03 and a beta of 0.94.

Analysts Set New Price Targets

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