Coca-Cola HBC (LON:CCH) Insider Anastasios Leventis Sells 197,435 Shares of Stock

Coca-Cola HBC AG (LON:CCH) insider Anastasios Leventis sold 197,435 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of GBX 4,738, for a total value of £9,354,470.30.

Coca-Cola HBC Stock Performance

Shares of Coca-Cola HBC stock opened at GBX 4,716 on Thursday. The business’s fifty day simple moving average is GBX 3,998 and its 200 day simple moving average is GBX 3,765.64. The company has a current ratio of 1.14, a quick ratio of 0.80 and a debt-to-equity ratio of 137.31. Coca-Cola HBC AG has a 12 month low of GBX 3,242 and a 12 month high of GBX 4,798. The firm has a market capitalization of £17.14 billion, a P/E ratio of 18.79, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on CCH shares. Jefferies Financial Group boosted their price target on shares of 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. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC in a research note on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Coca-Cola HBC from GBX 4,485 to GBX 4,470 and set a “buy” rating for the company in a research note on Friday, November 28th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price 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.