Coca-Cola HBC (OTCMKTS:CCHGY – Get Free Report) has been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company.
A number of research analysts have issued reports on the stock. Zacks Research raised shares of Coca-Cola HBC to a “hold” rating in a research report on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Coca-Cola HBC in a research report on Wednesday, September 16th. Citigroup reaffirmed a “neutral” rating on shares of Coca-Cola HBC in a research note on Friday, July 3rd. BNP Paribas Exane lowered shares of Coca-Cola HBC to a “neutral” rating in a research note on Monday, August 10th. Finally, Investec cut shares of Coca-Cola HBC to a “hold” rating in a research report on Thursday, September 3rd.
Check Out Our Latest Stock Report on Coca-Cola HBC
Coca-Cola HBC Trading Up 2.2%
Shares of CCHGY stock opened at $60.01 on Thursday. The stock has a fifty day moving average of $59.78 and a 200 day moving average of $60.67. Coca-Cola HBC has a 52 week low of $44.85 and a 52 week high of $68.71. The company has a quick ratio of 1.18, a current ratio of 1.37 and a debt-to-equity ratio of 1.07.
About Coca-Cola HBC
Coca-Cola HBC AG is a Switzerland-based beverage bottler and one of the largest bottling partners of The Coca-Cola Company. The company manufactures, distributes and sells a broad portfolio of non-alcoholic beverages, including Coca-Cola, Coca-Cola Zero Sugar, Fanta and Sprite, as well as water, juices, energy drinks, sports drinks, ready-to-drink coffee and alcoholic beverages in selected markets. Its portfolio also includes brands such as Schweppes, Monster Energy, Costa Coffee and Cappy, depending on local distribution rights.
Coca-Cola HBC serves customers across 29 countries in Europe, Africa and emerging markets.
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