Free Trial

Coca-Cola HBC (LON:CCH) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Coca-Cola HBC logo with Consumer Defensive background

Key Points

  • Coca-Cola HBC's stock price has dipped below its 200-day moving average of GBX 3,770.70, trading as low as GBX 3,410.80 recently.
  • Analysts maintain a consensus rating of "Buy" for Coca-Cola HBC, with price targets ranging from GBX 4,068 to GBX 4,400.
  • Insider Zoran Bogdanovic acquired 154 shares at an average cost of GBX 3,546, indicating ongoing confidence from company executives.
  • Five stocks to consider instead of Coca-Cola HBC.

Coca-Cola HBC AG (LON:CCH - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,770.70 ($50.38) and traded as low as GBX 3,410.80 ($45.57). Coca-Cola HBC shares last traded at GBX 3,473.19 ($46.40), with a volume of 99,520,305 shares traded.

Analyst Ratings Changes

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

View Our Latest Analysis on Coca-Cola HBC

Coca-Cola HBC Price Performance

The stock has a market capitalization of £12.52 billion, a P/E ratio of 13.72, a PEG ratio of 1.03 and a beta of 0.94. The stock's fifty day moving average is GBX 3,627.91 and its 200-day moving average is GBX 3,770.70. The company has a debt-to-equity ratio of 137.31, a current ratio of 1.14 and a quick ratio of 0.80.

Insider Transactions at Coca-Cola HBC

In other Coca-Cola HBC news, insider Zoran Bogdanovic acquired 154 shares of the firm's stock in a transaction that occurred on Friday, October 17th. The stock was purchased at an average cost of GBX 3,546 per share, for a total transaction of £5,460.84. Corporate insiders own 99.20% of the company's stock.

Coca-Cola HBC Company Profile

(Get Free Report)

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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Coca-Cola HBC Right Now?

Before you consider Coca-Cola HBC, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coca-Cola HBC wasn't on the list.

While Coca-Cola HBC currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.