Coca-Cola HBC’s (CCH) Buy Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of Coca-Cola HBC (LON:CCH) in a report issued on Thursday,London Stock Exchange reports. Jefferies Financial Group currently has a GBX 5,000 price objective on the stock.

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC in a report on Friday, January 9th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Coca-Cola HBC presently has a consensus rating of “Buy” and an average price target of GBX 4,512.67.

Coca-Cola HBC Stock Performance

Shares of CCH stock opened at GBX 4,274 on Thursday. The company has a current ratio of 1.19, a quick ratio of 0.80 and a debt-to-equity ratio of 107.40. The firm has a fifty day simple moving average of GBX 4,410.45 and a two-hundred day simple moving average of GBX 3,912.73. Coca-Cola HBC has a 12 month low of GBX 3,270 and a 12 month high of GBX 4,890. The firm has a market capitalization of £15.54 billion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 1.03 and a beta of 0.52.

Insider Buying and Selling

In related news, insider Anastassis G. David sold 29,277 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of GBX 4,711, for a total transaction of £1,379,239.47. Also, insider Zoran Bogdanovic acquired 119,532 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were bought at an average price of GBX 4,557 per share, for a total transaction of £5,447,073.24. Over the last 90 days, insiders purchased 235,551 shares of company stock worth $1,095,805,065 and sold 265,703 shares worth $1,256,697,560. 99.08% of the stock is currently owned by corporate insiders.

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.