Coca-Cola HBC (OTCMKTS:CCHGY) Upgraded by Wall Street Zen to "Strong-Buy" Rating

Key Points

• Coca-Cola HBC has been upgraded by Wall Street Zen from a "buy" rating to a "strong-buy" rating, indicating improved investor confidence.
• Deutsche Bank also reaffirmed a "buy" rating, contributing to a consensus rating of "Buy" from various analysts on the stock.
• The stock is currently priced at $52.25, with a 52-week high of $55.60 and a low of $32.75, reflecting significant price variability over the year.

Coca-Cola HBC (OTCMKTS:CCHGY - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued on Sunday.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Coca-Cola HBC in a research note on Friday, July 4th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy".

Coca-Cola HBC Price Performance

OTCMKTS CCHGY opened at $52.25 on Friday. 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 fifty day moving average of $52.95 and a two-hundred day moving average of $47.35. Coca-Cola HBC has a 52 week low of $32.75 and a 52 week high of $55.60.

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.

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