Coca-Cola HBC (OTCMKTS:CCHGY) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Coca-Cola HBC has received an average analyst rating of "Moderate Buy", with four analysts recommending a hold, three a buy, and two a strong buy.
• The company's stock opened at $48.03 but has a twelve-month trading range between $32.75 and $55.60.
• Recent reports have seen varying recommendations from analysts, with Wall Street Zen and Zacks Research both downgrading their ratings at different times.

Coca-Cola HBC (OTCMKTS:CCHGY - Get Free Report) has received an average rating of "Moderate Buy" from the nine research firms that are presently covering the stock, Marketbeat reports. Four equities 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.

CCHGY has been the subject of several research analyst reports. Wall Street Zen cut shares of Coca-Cola HBC from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 17th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Coca-Cola HBC in a research note on Friday, August 8th. Finally, Zacks Research lowered shares of Coca-Cola HBC from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 3rd.

Coca-Cola HBC Trading Down 0.2%

Shares of CCHGY opened at $48.03 on Friday. The firm has a fifty day simple moving average of $51.34 and a two-hundred day simple moving average of $50.56. Coca-Cola HBC has a twelve month low of $32.75 and a twelve month high of $55.60. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.17 and a quick ratio of 0.95.

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.

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.