Coca-Cola HBC (LON:CCH) Insider Pantelis Lekkas Purchases 10,000 Shares

Key Points

• Pantelis Lekkas, an insider at Coca-Cola HBC, purchased 10,000 shares at GBX 3,450 each, totaling £345,000 on October 22nd.
• Coca-Cola HBC's stock has a market cap of £12.54 billion, with a one-year high of GBX 4,102 and a year low of GBX 2,652.
• Analysts maintain a consensus "Buy" rating for Coca-Cola HBC, with price targets as high as GBX 4,400 from firms like Jefferies Financial Group.

Coca-Cola HBC AG (LON:CCH - Get Free Report) insider Pantelis Lekkas bought 10,000 shares of the stock in a transaction on Wednesday, October 22nd. The stock was purchased at an average cost of GBX 3,450 per share, for a total transaction of £345,000.

Coca-Cola HBC Price Performance

LON:CCH traded down GBX 24.67 during trading hours on Thursday, reaching GBX 3,449.33. 4,193,326 shares of the company traded hands, compared to its average volume of 2,090,091. The stock has a market cap of £12.54 billion, a P/E ratio of 13.74, a P/E/G ratio of 1.03 and a beta of 0.94. Coca-Cola HBC AG has a 1-year low of GBX 2,652 and a 1-year high of GBX 4,102. The company has a debt-to-equity ratio of 137.31, a current ratio of 1.14 and a quick ratio of 0.80. The firm's 50-day moving average is GBX 3,627.91 and its 200-day moving average is GBX 3,770.70.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on Coca-Cola HBC from GBX 3,950 to GBX 4,300 and gave the stock a "buy" rating in a report on Thursday, August 7th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Coca-Cola HBC in a research report on Thursday, August 7th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 4,400 target price on shares of Coca-Cola HBC in a report on Thursday, August 7th. Finally, Berenberg Bank reiterated a "buy" rating and set a GBX 4,068 price target on shares of Coca-Cola HBC in a research report on Wednesday, August 6th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, Coca-Cola HBC currently has a consensus rating of "Buy" and a consensus price target of GBX 4,104.50.

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 750 million consumers across a broad geographic footprint of 29 countries.

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