Shore Capital reaffirmed their hold rating on shares of Coca Cola HBC (LON:CCH) in a report published on Thursday morning.

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).

In other Coca Cola HBC news, insider Zoran Bogdanovic purchased 155 shares of the business’s stock in a transaction dated Monday, September 17th. The shares were bought at an average price of GBX 2,570 ($33.58) per share, with a total value of £3,983.50 ($5,205.15). Also, insider Michalis Imellos purchased 49 shares of the business’s stock in a transaction dated Wednesday, October 17th. The shares were acquired at an average cost of GBX 2,352 ($30.73) per share, for a total transaction of £1,152.48 ($1,505.92). Insiders acquired 298 shares of company stock worth $761,194 in the last three months.

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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Analyst Recommendations for Coca Cola HBC (LON:CCH)

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