Coca Cola HBC (CCH) Receives “Hold” Rating from Shore Capital
A number of other equities analysts have also recently issued reports on the stock. Deutsche Bank reissued a buy rating and issued a GBX 2,900 ($37.89) target price on shares of Coca Cola HBC in a report on Tuesday, September 11th. Credit Suisse Group reissued an outperform rating on shares of Coca Cola HBC in a report on Thursday, August 23rd. Finally, Jefferies Financial Group raised shares of Coca Cola HBC to a buy rating and raised their target price for the stock from GBX 2,660 ($34.76) to GBX 3,000 ($39.20) in a report on Wednesday, July 11th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of GBX 2,805.71 ($36.66).
Shares of LON CCH opened at GBX 2,372 ($30.99) on Thursday. Coca Cola HBC has a 52-week low of GBX 1,969 ($25.73) and a 52-week high of GBX 2,682 ($35.05).
Coca Cola HBC 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, coffee, and energy and sports drinks; and natural mineral, spring, and processed water. It markets and sells its products under the Coca-Cola, Coca-Cola Light, Coca-Cola Zero, 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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