Coca-Cola HBC (LON:CCH) Insider Zoran Bogdanovic Buys 110 Shares

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic acquired 110 shares of the firm’s stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average price of GBX 4,964 per share, with a total value of £5,460.40.

Zoran Bogdanovic also recently made the following trade(s):

• On Friday, June 26th, Zoran Bogdanovic sold 13,609 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 4,808, for a total transaction of £654,320.72.
• On Wednesday, June 17th, Zoran Bogdanovic bought 126,674 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 4,591 per share, for a total transaction of £5,815,603.34.
• On Monday, May 18th, Zoran Bogdanovic bought 132 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 4,146 per share, with a total value of £5,472.72.

Coca-Cola HBC Trading Down 0.8%

Shares of CCH stock opened at GBX 4,898 on Tuesday. The company has a 50 day moving average of GBX 4,585.39 and a 200-day moving average of GBX 4,388.36. The company has a quick ratio of 0.80, a current ratio of 1.19 and a debt-to-equity ratio of 101.65. Coca-Cola HBC AG has a 12-month low of GBX 3,270 and a 12-month high of GBX 5,195. The firm has a market cap of £17.85 billion, a P/E ratio of 18.91, a PEG ratio of 1.03 and a beta of 0.54.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CCH shares. Berenberg Bank upgraded Coca-Cola HBC to a “buy” rating and increased their price target for the stock from GBX 4,068 to GBX 5,007 in a research note on Friday, May 8th. UBS Group restated a “buy” rating and issued a GBX 4,900 price objective on shares of Coca-Cola HBC in a research note on Tuesday, May 5th. Citigroup upped their price objective on shares of Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the company a “neutral” rating in a report on Friday, July 3rd. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 5,500 target price on shares of Coca-Cola HBC in a research report on Friday, July 3rd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Coca-Cola HBC has an average rating of “Moderate Buy” and a consensus target price of GBX 4,980.40.

About Coca-Cola HBC

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