Coca Cola HBC AG’s (CCH) Hold Rating Reaffirmed at Societe Generale

Societe Generale restated their hold rating on shares of Coca Cola HBC AG (LON:CCH) in a research report report published on Friday. Societe Generale currently has a GBX 2,758 ($36.28) price target on the stock.

A number of other research analysts have also recently commented on CCH. Jefferies Group LLC reiterated a hold rating and issued a GBX 2,700 ($35.51) price target on shares of Coca Cola HBC AG in a research note on Friday. Shore Capital reissued a hold rating on shares of Coca Cola HBC AG in a research report on Thursday. J P Morgan Chase & Co reissued an overweight rating and issued a GBX 2,800 ($36.83) price objective on shares of Coca Cola HBC AG in a research report on Friday. Barclays PLC restated an underweight rating on shares of Coca Cola HBC AG in a research note on Friday, August 11th. Finally, Citigroup Inc. restated a buy rating and issued a GBX 2,900 ($38.14) target price on shares of Coca Cola HBC AG in a research note on Friday, August 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 2,494.91 ($32.81).

Shares of Coca Cola HBC AG (LON:CCH) traded down GBX 8.10 ($0.11) during trading hours on Friday, reaching GBX 2,584.90 ($34.00). The company had a trading volume of 441,424 shares, compared to its average volume of 555,213. Coca Cola HBC AG has a 1-year low of GBX 1,602 ($21.07) and a 1-year high of GBX 2,682 ($35.28).

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In related news, insider Michalis Imellos purchased 43 shares of the firm’s stock in a transaction that occurred on Monday, October 16th. The stock was bought at an average cost of GBX 2,605 ($34.26) per share, with a total value of £1,120.15 ($1,473.30). Over the last three months, insiders purchased 128 shares of company stock valued at $331,494.

About Coca Cola HBC AG

Coca Cola HBC AG is a Switzerland-based bottler of Coca-Cola products. The Company’s segments include Established markets, including Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland; Developing markets, including Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, and Emerging markets, including Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.

Analyst Recommendations for Coca Cola HBC AG (LON:CCH)

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