Coca-Cola HBC (OTCMKTS:CCHGY) Given Average Recommendation of “Hold” by Analysts

Coca-Cola HBC (OTCMKTS:CCHGY) has been given a consensus rating of “Hold” by the five analysts that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company.

Separately, Wall Street Zen downgraded shares of Coca-Cola HBC from a “buy” rating to a “hold” rating in a report on Saturday, April 4th.

Coca-Cola HBC Stock Up 1.1%

CCHGY stock opened at $62.26 on Friday. The firm’s fifty day simple moving average is $58.12 and its 200-day simple moving average is $56.56. The company has a quick ratio of 0.99, a current ratio of 1.19 and a debt-to-equity ratio of 0.79. Coca-Cola HBC has a 12 month low of $44.37 and a 12 month high of $65.93.

Coca-Cola HBC Company Profile

Coca-Cola HBC (OTCMKTS:CCHGY) is a major bottling partner for The Coca-Cola Company, engaged in the production, packaging, distribution and marketing of nonalcoholic beverages. As a concentrate licensee and bottler, the company manufactures and sells a broad portfolio of branded soft drinks, waters, juices, ready-to-drink teas, sports and energy drinks, and other still beverages under global and local brands. Its operations cover the full bottling value chain, from procurement of raw materials and bottling to route-to-market distribution and retail execution.

The company’s activities encompass manufacturing at local bottling plants, supply chain and logistics management, commercial and customer-facing sales, and marketing support for both global Coca?Cola brands and regionally tailored products.