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

Coca-Cola HBC (OTCMKTS:CCHGY) has been given a consensus recommendation of “Moderate Buy” by the seven analysts that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company.

A number of research analysts have commented on the company. Zacks Research lowered Coca-Cola HBC from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 3rd. Wall Street Zen upgraded Coca-Cola HBC from a “hold” rating to a “buy” rating in a report on Tuesday. Morgan Stanley started coverage on shares of Coca-Cola HBC in a research report on Thursday, October 2nd. They set an “overweight” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Coca-Cola HBC in a research report on Friday, August 8th.

Coca-Cola HBC Stock Down 1.1%

Coca-Cola HBC stock opened at $46.62 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.92 and a debt-to-equity ratio of 0.89. Coca-Cola HBC has a 1-year low of $32.75 and a 1-year high of $55.60. The firm has a 50-day moving average of $46.92 and a 200-day moving average of $50.45.

About Coca-Cola HBC

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.