Key Points
- Coca-Cola HBC insider Zoran Bogdanovic bought 132 shares on May 18 at GBX 4,146 each, for a total of £5,472.72.
- This follows two much larger insider purchases by Bogdanovic earlier this year, including 1,745 shares in April and 119,532 shares in March, indicating continued insider buying activity.
- Analysts remain positive on the stock, with several firms reiterating buy ratings and a consensus target price of GBX 4,794.25, above the recent opening price of GBX 4,238.
Coca-Cola HBC AG (LON:CCH - Get Free Report) insider Zoran Bogdanovic acquired 132 shares of the firm's stock in a transaction dated Monday, May 18th. The stock was purchased at an average cost of GBX 4,146 per share, with a total value of £5,472.72.
Zoran Bogdanovic also recently made the following trade(s):
- On Friday, April 17th, Zoran Bogdanovic acquired 1,745 shares of Coca-Cola HBC stock. The stock was purchased at an average cost of GBX 4,353 per share, with a total value of £75,959.85.
- On Tuesday, March 17th, Zoran Bogdanovic acquired 119,532 shares of Coca-Cola HBC stock. The stock was purchased at an average cost of GBX 4,557 per share, with a total value of £5,447,073.24.
Coca-Cola HBC Price Performance
Shares of CCH opened at GBX 4,238 on Wednesday. Coca-Cola HBC AG has a fifty-two week low of GBX 3,270 and a fifty-two week high of GBX 4,890. The company has a market capitalization of £15.45 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 1.03 and a beta of 0.55. The firm has a 50-day simple moving average of GBX 4,318.64 and a 200-day simple moving average of GBX 4,094.76. The company has a debt-to-equity ratio of 107.40, a quick ratio of 0.80 and a current ratio of 1.19.
Analysts Set New Price Targets
Several brokerages have recently weighed in on CCH. UBS Group reiterated a "buy" rating and set a GBX 4,900 target price on shares of Coca-Cola HBC in a research note on Tuesday, May 5th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 4,800 target price on shares of Coca-Cola HBC in a research note on Thursday, May 7th. Finally, Berenberg Bank raised 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 report on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 4,794.25.
View Our Latest Stock Report on Coca-Cola HBC
About Coca-Cola HBC
(
Get Free Report)
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.
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