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

Coca-Cola HBC (OTCMKTS:CCHGY - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the eight brokerages that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company.

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Coca-Cola HBC in a report on Friday, July 4th. Berenberg Bank raised Coca-Cola HBC to a "strong-buy" rating in a research note on Wednesday, April 2nd. Finally, Wall Street Zen lowered Coca-Cola HBC from a "strong-buy" rating to a "buy" rating in a research note on Monday, June 9th.

Coca-Cola HBC Stock Up 0.7%

OTCMKTS:CCHGY traded up $0.35 during trading hours on Friday, hitting $53.15. The company had a trading volume of 1,666 shares, compared to its average volume of 8,949. The company has a quick ratio of 0.95, a current ratio of 1.17 and a debt-to-equity ratio of 0.94. The company has a 50-day moving average of $52.64 and a 200 day moving average of $45.61. Coca-Cola HBC has a 1 year low of $32.75 and a 1 year high of $55.60.

Coca-Cola HBC Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 9th. Investors of record on Monday, June 2nd were paid a dividend of $1.1203 per share. This is a positive change from Coca-Cola HBC's previous dividend of $0.60. The ex-dividend date of this dividend was Friday, May 30th. This represents a yield of 2.07%.

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.