Coca-Cola HBC AG (OTCMKTS:CCHGY) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seven research firms that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have issued a strong buy recommendation on the company.

Separately, Berenberg Bank upgraded shares of Coca-Cola HBC to a "strong-buy" rating in a research report on Wednesday, April 2nd.

Coca-Cola HBC Stock Performance

Shares of OTCMKTS CCHGY traded up $0.77 during trading on Tuesday, reaching $51.31. 1,314 shares of the stock traded hands, compared to its average volume of 12,078. The company has a 50-day moving average of $46.26 and a 200-day moving average of $39.36. Coca-Cola HBC has a 52-week low of $32.18 and a 52-week high of $52.15. The company has a quick ratio of 0.91, a current ratio of 1.14 and a debt-to-equity ratio of 1.02.

Coca-Cola HBC Company Profile

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.