Coca-Cola HBC (LON:CCH) Insider Purchases £5,404.50 in Stock

Key Points

• Zoran Bogdanovic, an insider at Coca-Cola HBC, purchased 150 shares of the company's stock at an average cost of GBX 3,603, totaling £5,404.50, on September 17th.
• Analysts have a positive outlook on Coca-Cola HBC, with multiple firms including JPMorgan Chase, Jefferies, and Deutsche Bank issuing "buy" ratings and target prices above the current trading value.
• Coca-Cola HBC's stock is currently trading at GBX 3,574.27, having experienced a range between GBX 2,620 and GBX 4,102 over the past year.

Coca-Cola HBC AG (LON:CCH - Get Free Report) insider Zoran Bogdanovic acquired 150 shares of Coca-Cola HBC stock in a transaction dated Wednesday, September 17th. The stock was purchased at an average cost of GBX 3,603 per share, for a total transaction of £5,404.50.

Zoran Bogdanovic also recently made the following trade(s):

• On Thursday, July 17th, Zoran Bogdanovic bought 882 shares of Coca-Cola HBC stock. The shares were bought at an average price of GBX 3,944 per share, for a total transaction of £34,786.08.

Coca-Cola HBC Stock Down 1.3%

Shares of Coca-Cola HBC stock traded down GBX 48 during trading on Monday, reaching GBX 3,596. 276,117 shares of the company traded hands, compared to its average volume of 2,164,063. 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 company has a 50 day moving average price of GBX 3,838.33 and a 200-day moving average price of GBX 3,777.21. Coca-Cola HBC AG has a 1-year low of GBX 2,620 and a 1-year high of GBX 4,102. The firm has a market capitalization of £13.07 billion, a PE ratio of 1,432.67, a P/E/G ratio of 1.03 and a beta of 0.94.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Jefferies Financial Group restated a "buy" rating and set a GBX 4,400 price target on shares of Coca-Cola HBC in a research report on Thursday, August 7th. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Coca-Cola HBC in a report on Thursday, August 7th. Berenberg Bank reissued a "buy" rating and issued a GBX 4,068 price target on shares of Coca-Cola HBC in a report on Wednesday, August 6th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Coca-Cola HBC from GBX 3,950 to GBX 4,300 and gave the company a "buy" rating in a research note on Thursday, August 7th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average 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.