Insider Buying: Coca-Cola HBC (LON:CCH) Insider Buys £5,164.86 in Stock

Key Points

• Insider buying: Coca-Cola HBC CEO Zoran Bogdanovic purchased 118 shares for £5,164.86, following several earlier purchases totaling more than £200,000 in September.
• Share performance: CCH shares rose to GBX 4,506, with a £16.42 billion market capitalization and a 52-week trading range of GBX 3,372 to GBX 5,195.
• Analyst outlook: Five analysts rate the stock a Buy and one rates it Hold, producing a “Moderate Buy” consensus and an average price target of GBX 5,346.60.

Coca-Cola HBC AG (LON:CCH - Get Free Report) insider Zoran Bogdanovic bought 118 shares of the company's stock in a transaction on Friday, October 16th. The shares were purchased at an average cost of GBX 4,377 per share, for a total transaction of £5,164.86.

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

• On Monday, September 21st, Zoran Bogdanovic bought 4,750 shares of Coca-Cola HBC stock. The stock was purchased at an average price of GBX 4,269 per share, for a total transaction of £202,777.50.
• On Thursday, September 17th, Zoran Bogdanovic bought 127 shares of Coca-Cola HBC stock. The stock was acquired at an average price of GBX 4,657 per share, with a total value of £5,914.39.
• On Monday, August 17th, Zoran Bogdanovic purchased 120 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 4,553 per share, with a total value of £5,463.60.

Coca-Cola HBC Price Performance

Shares of Coca-Cola HBC stock traded up GBX 112 on Monday, reaching GBX 4,506. The stock had a trading volume of 1,177,528 shares, compared to its average volume of 6,872,620. The business's 50 day moving average is GBX 4,465.22 and its two-hundred day moving average is GBX 4,523.75. The company has a market cap of £16.42 billion, a P/E ratio of 16.51, a price-to-earnings-growth ratio of 1.03 and a beta of 0.54. Coca-Cola HBC AG has a 1 year low of GBX 3,372 and a 1 year high of GBX 5,195. The company has a current ratio of 1.37, a quick ratio of 0.80 and a debt-to-equity ratio of 150.62.

Analysts Set New Price Targets

Several analysts have issued reports on CCH shares. Citigroup upped their target price on Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock a "neutral" rating in a research note on Friday, July 3rd. Berenberg Bank boosted their price target on shares of Coca-Cola HBC from GBX 5,453 to GBX 5,483 and gave the stock a "buy" rating in a research note on Tuesday, September 29th. Jefferies Financial Group restated a "buy" rating and set a GBX 5,600 target price on shares of Coca-Cola HBC in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the company a "buy" rating in a research note on Wednesday, September 16th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Coca-Cola HBC presently has an average rating of "Moderate Buy" and a consensus target price of GBX 5,346.60.

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

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