Coca-Cola HBC AG (OTCMKTS:CCHGY) Receives Average Recommendation of “Moderate Buy” from Analysts

Coca-Cola HBC AG (OTCMKTS:CCHGY) has received an average rating of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

CCHGY has been the subject of a number of research analyst reports. Evercore ISI upgraded Coca-Cola HBC to a “hold” rating in a research note on Thursday, October 3rd. Barclays raised Coca-Cola HBC to a “strong-buy” rating in a report on Thursday, October 3rd. Citigroup raised Coca-Cola HBC to a “hold” rating in a report on Thursday, October 3rd. Kepler Capital Markets initiated coverage on Coca-Cola HBC in a report on Thursday, December 5th. They set a “hold” rating for the company. Finally, JPMorgan Chase & Co. raised Coca-Cola HBC from a “neutral” rating to an “overweight” rating in a report on Wednesday, November 27th.

Coca-Cola HBC Stock Down 0.4 %

Coca-Cola HBC stock opened at $33.98 on Friday. The stock has a 50-day moving average of $34.54 and a two-hundred day moving average of $35.41. The company has a current ratio of 1.14, a quick ratio of 0.91 and a debt-to-equity ratio of 1.02. Coca-Cola HBC has a one year low of $27.39 and a one year high of $37.58.

About Coca-Cola HBC

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.