Coca-Cola HBC AG (OTCMKTS:CCHGY) Given Consensus Rating of "Moderate Buy" by Brokerages

Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven brokerages that are currently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have assigned a strong buy recommendation to the company.

Separately, Berenberg Bank upgraded shares of Coca-Cola HBC to a "strong-buy" rating in a research report on Wednesday, April 2nd.

Coca-Cola HBC Stock Performance

OTCMKTS CCHGY traded up $1.05 during trading on Friday, hitting $43.51. 8,432 shares of the company's stock were exchanged, compared to its average volume of 14,361. The company has a quick ratio of 0.91, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. Coca-Cola HBC has a fifty-two week low of $29.42 and a fifty-two week high of $47.65. The stock's 50 day moving average price is $42.19 and its two-hundred day moving average price is $37.56.

Coca-Cola HBC Company Profile

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.