Coca-Cola HBC (LON:CCH) Insider Buys 118 Shares of Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic bought 118 shares of the company’s stock in a transaction that occurred on Friday, October 16th. The stock was bought at an average price of GBX 4,377 per share, for a total transaction of £5,164.86.

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

• On Monday, September 21st, Zoran Bogdanovic acquired 4,750 shares of Coca-Cola HBC stock. The shares were purchased at an average price of GBX 4,269 per share, with a total value of £202,777.50.
• On Thursday, September 17th, Zoran Bogdanovic purchased 127 shares of Coca-Cola HBC stock. The shares were acquired at an average cost of GBX 4,657 per share, with a total value of £5,914.39.
• On Monday, August 17th, Zoran Bogdanovic acquired 120 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 4,553 per share, with a total value of £5,463.60.

Coca-Cola HBC Price Performance

LON:CCH traded up GBX 112 during trading hours on Monday, hitting GBX 4,506. 1,177,528 shares of the stock traded hands, compared to its average volume of 6,872,620. The stock has a 50 day moving average price of GBX 4,465.22 and a 200 day moving average price of GBX 4,523.75. The company has a quick ratio of 0.80, a current ratio of 1.37 and a debt-to-equity ratio of 150.62. The company has a market cap of £16.42 billion, a price-to-earnings ratio of 16.51, a price-to-earnings-growth ratio of 1.03 and a beta of 0.54. Coca-Cola HBC AG has a 1 year low of GBX 3,372 and a 1 year high of GBX 5,195.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted 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. Jefferies Financial Group reissued a “buy” rating and issued a GBX 5,600 price objective on shares of Coca-Cola HBC in a research note on Friday. Berenberg Bank increased their price target on Coca-Cola HBC from GBX 5,453 to GBX 5,483 and gave the stock a “buy” rating in a report on Tuesday, September 29th. Finally, Citigroup increased their target price on Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock 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 stock. According to data from MarketBeat.com, Coca-Cola HBC currently has an average rating of “Moderate Buy” and a consensus price target of GBX 5,346.60.

Coca-Cola HBC Company Profile

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.