Key Points
- Insider buying: Coca-Cola HBC insider Zoran Bogdanovic purchased 4,750 shares at GBX 4,269 each, worth approximately £202,778. This follows several smaller purchases since June, although he sold 13,609 shares in June.
- Stock metrics: Shares opened at GBX 4,408, with a 52-week range of GBX 3,270–5,195 and a market capitalization of approximately £16.07 billion.
- Analyst outlook: Analysts maintain a “Moderate Buy” consensus, with five Buy ratings and one Hold rating. The average price target is GBX 5,320.60, implying upside from the reported opening price.
Coca-Cola HBC AG (LON:CCH - Get Free Report) insider Zoran Bogdanovic acquired 4,750 shares of the firm's stock in a transaction on Monday, September 21st. The stock was purchased at an average cost of GBX 4,269 per share, with a total value of £202,777.50.
Zoran Bogdanovic also recently made the following trade(s):
- On Thursday, September 17th, Zoran Bogdanovic bought 127 shares of Coca-Cola HBC stock. The shares were acquired at an average price of GBX 4,657 per share, with a total value of £5,914.39.
- On Monday, August 17th, Zoran Bogdanovic bought 120 shares of Coca-Cola HBC stock. The shares were acquired at an average cost of GBX 4,553 per share, for a total transaction of £5,463.60.
- On Friday, July 17th, Zoran Bogdanovic purchased 110 shares of Coca-Cola HBC stock. The stock was acquired at an average price of GBX 4,964 per share, for a total transaction 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 Price Performance
Shares of CCH stock opened at GBX 4,408 on Wednesday. Coca-Cola HBC AG has a 52-week low of GBX 3,270 and a 52-week high of GBX 5,195. The company has a debt-to-equity ratio of 150.62, a quick ratio of 0.80 and a current ratio of 1.37. The firm has a market capitalization of £16.07 billion, a P/E ratio of 17.02, a P/E/G ratio of 1.03 and a beta of 0.54. The stock has a 50 day moving average price of GBX 4,690.39 and a 200 day moving average price of GBX 4,533.79.
Wall Street Analysts Forecast Growth
CCH has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the stock a "buy" rating in a research report on Wednesday, September 16th. Citigroup upped their price target on shares of Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock a "neutral" rating in a report on Friday, July 3rd. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 5,500 price target on shares of Coca-Cola HBC in a research note on Wednesday, August 5th. Finally, Berenberg Bank lifted 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 report on Thursday, August 6th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of GBX 5,320.60.
View Our Latest Stock Analysis 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.
Further Reading
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