Key Points
- Insider purchase: Coca-Cola HBC insider Zoran Bogdanovic acquired 120 shares at GBX 4,553 each, for a total of £5,463.60. He also bought 110 shares in July, following a much larger June purchase and a sale of 13,609 shares.
- Stock performance: Coca-Cola HBC shares opened at GBX 4,546, with a market capitalization of approximately £16.57 billion. The stock has traded between GBX 3,270 and GBX 5,195 over the past year.
- Analyst outlook: Analysts maintain a generally positive view, with five Buy ratings and one Hold rating. The consensus target price is GBX 5,315.60, above the reported opening price.
Coca-Cola HBC AG (LON:CCH - Get Free Report) insider Zoran Bogdanovic acquired 120 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The stock was acquired at an average price of GBX 4,553 per share, with a total value of £5,463.60.
Zoran Bogdanovic also recently made the following trade(s):
- On Friday, July 17th, Zoran Bogdanovic bought 110 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 4,964 per share, with a total value of £5,460.40.
- 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 purchased 126,674 shares of Coca-Cola HBC stock. The stock was acquired at an average cost of GBX 4,591 per share, for a total transaction of £5,815,603.34.
Coca-Cola HBC Stock Performance
Shares of LON CCH opened at GBX 4,546 on Wednesday. The company has a market cap of £16.57 billion, a P/E ratio of 17.55, a P/E/G ratio of 1.03 and a beta of 0.55. Coca-Cola HBC AG has a 12 month low of GBX 3,270 and a 12 month high of GBX 5,195. The business's 50 day moving average is GBX 4,826.72 and its two-hundred day moving average is GBX 4,532. The company has a quick ratio of 0.80, a current ratio of 1.37 and a debt-to-equity ratio of 150.62.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on CCH. Deutsche Bank Aktiengesellschaft lifted their price objective on Coca-Cola HBC from GBX 5,550 to GBX 5,700 and gave the company a "buy" rating in a report on Thursday, August 6th. Citigroup boosted their target price on shares of Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock a "neutral" rating in a research note on Friday, July 3rd. UBS Group reaffirmed a "buy" rating and set a GBX 4,900 price target on shares of Coca-Cola HBC in a research note on Tuesday, May 5th. Berenberg Bank raised their price objective on shares of Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the company a "buy" rating in a research note on Thursday, August 6th. Finally, Jefferies Financial Group restated a "buy" rating and set a GBX 5,500 target price on shares of Coca-Cola HBC in a report on Wednesday, August 5th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Coca-Cola HBC presently has an average rating of "Moderate Buy" and a consensus target price of GBX 5,315.60.
Check Out Our Latest Report on CCH
Coca-Cola HBC Company Profile
(
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 760 million consumers across a broad geographic footprint of 29 countries.
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