Coca-Cola HBC AG (OTCMKTS:CCHGY) Receives Average Recommendation of "Moderate Buy" from Analysts

Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) has earned an average recommendation of "Moderate Buy" from the six analysts that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of analysts recently weighed in on CCHGY shares. Kepler Capital Markets started coverage on shares of Coca-Cola HBC in a research note on Thursday, December 5th. They set a "hold" rating on the stock. JPMorgan Chase & Co. upgraded shares of Coca-Cola HBC from a "neutral" rating to an "overweight" rating in a research note on Wednesday, November 27th. Finally, Sanford C. Bernstein began coverage on shares of Coca-Cola HBC in a research note on Tuesday, December 3rd. They issued an "outperform" rating on the stock.

Coca-Cola HBC Stock Performance

Shares of CCHGY stock traded up $0.63 during trading hours on Tuesday, reaching $41.60. 6,511 shares of the stock were exchanged, compared to its average volume of 5,120. The business's fifty day moving average is $35.33 and its two-hundred day moving average is $35.63. 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 12-month low of $29.42 and a 12-month high of $41.60.

About Coca-Cola HBC

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.