Insider Buying: Coca-Cola HBC (LON:CCH) Insider Buys £202,777.50 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic acquired 4,750 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was bought at an average cost of GBX 4,269 per share, with a total value of £202,777.50.

Zoran Bogdanovic also recently made the following trade(s):

• On Thursday, September 17th, Zoran Bogdanovic bought 127 shares of Coca-Cola HBC stock. The shares were bought at an average cost of GBX 4,657 per share, for a total transaction of £5,914.39.
• On Monday, August 17th, Zoran Bogdanovic purchased 120 shares of Coca-Cola HBC stock. The shares were bought at an average price of GBX 4,553 per share, with a total value of £5,463.60.
• On Friday, July 17th, Zoran Bogdanovic purchased 110 shares of Coca-Cola HBC stock. The stock was bought at an average cost of GBX 4,964 per share, with a total value of £5,460.40.
• On Friday, June 26th, Zoran Bogdanovic sold 13,609 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 4,808, for a total value of £654,320.72.

Coca-Cola HBC Trading Down 0.5%

Coca-Cola HBC stock opened at GBX 4,360 on Friday. The firm has a market cap of £15.89 billion, a PE ratio of 16.83, a P/E/G ratio of 1.03 and a beta of 0.54. Coca-Cola HBC AG has a 12 month low of GBX 3,270 and a 12 month high of GBX 5,195. The stock’s 50 day simple moving average is GBX 4,667.75 and its two-hundred day simple moving average is GBX 4,531.72. The company has a current ratio of 1.37, a quick ratio of 0.80 and a debt-to-equity ratio of 150.62.

Analysts Set New Price Targets

Several research firms recently commented on CCH. Berenberg Bank raised their price target on shares of Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the company a “buy” rating in a research report on Thursday, August 6th. Jefferies Financial Group reissued a “buy” rating and set a GBX 5,500 target price on shares of Coca-Cola HBC in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft raised their target price on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the company a “buy” rating in a research report on Wednesday, September 16th. Finally, Citigroup lifted their price target on Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the company a “neutral” rating in a research note on Friday, July 3rd. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Coca-Cola HBC has a consensus rating of “Moderate Buy” and an average target price of GBX 5,320.60.

About Coca-Cola HBC

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 760 million consumers across a broad geographic footprint of 29 countries.