Coca-Cola HBC AG (CCH.L) (LON:CCH) insider Zoran Bogdanovic acquired 178 shares of the stock in a transaction that occurred on Tuesday, November 17th. The shares were bought at an average cost of GBX 2,280 ($29.79) per share, with a total value of £4,058.40 ($5,302.33).
Zoran Bogdanovic also recently made the following trade(s):
- On Friday, October 16th, Zoran Bogdanovic purchased 215 shares of Coca-Cola HBC AG (CCH.L) stock. The shares were purchased at an average price of GBX 1,936 ($25.29) per share, for a total transaction of £4,162.40 ($5,438.20).
- On Thursday, September 17th, Zoran Bogdanovic acquired 200 shares of Coca-Cola HBC AG (CCH.L) stock. The stock was purchased at an average cost of GBX 2,088 ($27.28) per share, with a total value of £4,176 ($5,455.97).
CCH stock traded down GBX 7 ($0.09) during midday trading on Wednesday, reaching GBX 2,268 ($29.63). 312,447 shares of the company were exchanged, compared to its average volume of 791,389. The stock’s 50-day simple moving average is GBX 1,947.56 and its 200 day simple moving average is GBX 2,006.62. Coca-Cola HBC AG has a 1-year low of GBX 1,393.10 ($18.20) and a 1-year high of GBX 2,933 ($38.32). The company has a debt-to-equity ratio of 121.81, a quick ratio of 0.85 and a current ratio of 1.08. The company has a market cap of $7.11 billion and a price-to-earnings ratio of 15.79.
Several research firms recently issued reports on CCH. Citigroup reissued a “buy” rating and set a GBX 2,500 ($32.66) target price on shares of Coca-Cola HBC AG (CCH.L) in a research note on Thursday, August 6th. Morgan Stanley restated an “overweight” rating on shares of Coca-Cola HBC AG (CCH.L) in a report on Tuesday, September 22nd. Credit Suisse Group reduced their target price on shares of Coca-Cola HBC AG (CCH.L) from GBX 2,550 ($33.32) to GBX 2,400 ($31.36) and set an “outperform” rating on the stock in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft upped their price objective on Coca-Cola HBC AG (CCH.L) from GBX 2,400 ($31.36) to GBX 2,650 ($34.62) and gave the stock a “buy” rating in a research report on Thursday, November 12th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Coca-Cola HBC AG (CCH.L) in a report on Wednesday, September 2nd. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 2,346.25 ($30.65).
Coca-Cola HBC AG (CCH.L) Company Profile
Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages. The company offers sparkling soft drinks; still drinks, including juices and fruit-based drinks, iced tea, and energy and sports drinks; and natural mineral, spring, and processed water. It markets and sells its products under the Coca-Cola, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice, and Nestea brand names; and distributes third-party products, such as Monster energy drinks, and beer and premium spirits.
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