Key Points
- Insider purchase: Coca-Cola HBC CEO Zoran Bogdanovic bought 127 shares at GBX 4,657 each, spending £5,914.39. This follows two earlier purchases, although he sold 13,609 shares worth £654,320.72 in June.
- Stock performance: CCH opened at GBX 4,248, compared with a 52-week range of GBX 3,270 to GBX 5,195. The company has a £15.48 billion market capitalization and a P/E ratio of 16.40.
- Analyst outlook: Five analysts rate the stock a Buy and one rates it Hold, giving Coca-Cola HBC a consensus “Moderate Buy” rating and an average price target of GBX 5,320.60.
Coca-Cola HBC AG (LON:CCH - Get Free Report) insider Zoran Bogdanovic bought 127 shares of the stock in a transaction on Thursday, September 17th. The shares were bought at an average price of GBX 4,657 per share, for a total transaction of £5,914.39.
Zoran Bogdanovic also recently made the following trade(s):
- On Monday, August 17th, Zoran Bogdanovic bought 120 shares of Coca-Cola HBC stock. The stock was bought at an average cost of GBX 4,553 per share, with a total value of £5,463.60.
- On Friday, July 17th, Zoran Bogdanovic purchased 110 shares of Coca-Cola HBC stock. The shares were bought at an average price 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 value of £654,320.72.
Coca-Cola HBC Stock Performance
CCH opened at GBX 4,248 on Friday. Coca-Cola HBC AG has a 1-year low of GBX 3,270 and a 1-year high of GBX 5,195. The stock has a market cap of £15.48 billion, a P/E ratio of 16.40, a P/E/G ratio of 1.03 and a beta of 0.54. The stock's 50 day simple moving average is GBX 4,714.47 and its 200 day simple moving average is GBX 4,538.70. The company has a debt-to-equity ratio of 150.62, a current ratio of 1.37 and a quick ratio of 0.80.
Analysts Set New Price Targets
Several research firms have weighed in on CCH. Deutsche Bank Aktiengesellschaft upped their target price on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the company a "buy" rating in a report on Wednesday. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 5,500 price objective on shares of Coca-Cola HBC in a research report on Wednesday, August 5th. Citigroup increased 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 research note on Friday, July 3rd. Finally, Berenberg Bank raised their target price on shares of Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the company a "buy" rating in a report on Thursday, August 6th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 5,320.60.
Check Out Our Latest Stock Analysis 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 760 million consumers across a broad geographic footprint of 29 countries.
Further Reading
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