Coca-Cola HBC (LON:CCH) Insider Purchases 4,750 Shares

Key Points

• Insider buying: Coca-Cola HBC insider Zoran Bogdanovic purchased 4,750 shares at GBX 4,269 each, totaling approximately £202,778. He has also made several smaller purchases recently, following a larger share sale in June.
• Stock performance: Shares opened at GBX 4,392, compared with a 12-month range of GBX 3,270 to GBX 5,195. The company has a £16.01 billion market capitalization and a price-to-earnings ratio of 16.96.
• Analyst outlook: Coca-Cola HBC has a consensus “Moderate Buy” rating from analysts, with five Buy ratings and one Hold rating. The consensus price target is GBX 5,320.60.

Coca-Cola HBC AG (LON:CCH - Get Free Report) insider Zoran Bogdanovic acquired 4,750 shares of the company's stock in a transaction on Monday, September 21st. The shares were purchased at an average cost of GBX 4,269 per share, for a total transaction of £202,777.50.

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

• On Thursday, September 17th, Zoran Bogdanovic bought 127 shares of Coca-Cola HBC stock. The shares were purchased at an average price of GBX 4,657 per share, for a total transaction of £5,914.39.
• On Monday, August 17th, Zoran Bogdanovic bought 120 shares of Coca-Cola HBC stock. The stock was purchased at an average cost of GBX 4,553 per share, with a total value of £5,463.60.
• On Friday, July 17th, Zoran Bogdanovic bought 110 shares of Coca-Cola HBC stock. The stock was purchased at an average cost of GBX 4,964 per share, with a total value of £5,460.40.
• On Friday, June 26th, Zoran Bogdanovic sold 13,609 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 4,808, for a total value of £654,320.72.

Coca-Cola HBC Stock Performance

Shares of Coca-Cola HBC stock opened at GBX 4,392 on Tuesday. Coca-Cola HBC AG has a 12 month low of GBX 3,270 and a 12 month high of GBX 5,195. The company has a debt-to-equity ratio of 150.62, a current ratio of 1.37 and a quick ratio of 0.80. The stock has a market capitalization of £16.01 billion, a price-to-earnings ratio of 16.96, a PEG ratio of 1.03 and a beta of 0.54. The firm's fifty day simple moving average is GBX 4,701.31 and its 200-day simple moving average is GBX 4,534.90.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Berenberg Bank boosted their target price on Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the company a "buy" rating in a report on Thursday, August 6th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 5,500 price objective on shares of Coca-Cola HBC in a research report on Wednesday, August 5th. Citigroup boosted their price objective on shares of Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the company a "neutral" rating in a research note on Friday, July 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the stock a "buy" rating in a research note on Wednesday, September 16th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Coca-Cola HBC has a consensus rating of "Moderate Buy" and a consensus target price of GBX 5,320.60.

About Coca-Cola HBC

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 760 million consumers across a broad geographic footprint of 29 countries.

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