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

Shares of Coca-Cola HBC AG (OTCMKTS:CCHGY) have been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company.

Separately, Berenberg Bank raised shares of Coca-Cola HBC to a “strong-buy” rating in a research note on Wednesday, April 2nd.

Coca-Cola HBC Price Performance

OTCMKTS:CCHGY opened at $45.99 on Friday. The stock has a 50-day simple moving average of $42.83 and a 200 day simple moving average of $37.75. Coca-Cola HBC has a 52-week low of $29.42 and a 52-week high of $47.65. 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 Company Profile

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.