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

Coca-Cola HBC logo with Consumer Staples background

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

A number of equities research analysts recently issued reports on the stock. Barclays raised shares of Coca-Cola HBC to a "strong-buy" rating in a research note on Thursday, October 3rd. Kepler Capital Markets began coverage on Coca-Cola HBC in a research note on Thursday, December 5th. They set a "hold" rating for the company. JPMorgan Chase & Co. raised shares of Coca-Cola HBC from a "neutral" rating to an "overweight" rating in a research note on Wednesday, November 27th. Sanford C. Bernstein assumed coverage on shares of Coca-Cola HBC in a research note on Tuesday, December 3rd. They issued an "outperform" rating on the stock. Finally, Citigroup upgraded shares of Coca-Cola HBC to a "hold" rating in a report on Thursday, October 3rd.

Check Out Our Latest Stock Report on Coca-Cola HBC

Coca-Cola HBC Stock Performance

CCHGY stock traded up $0.03 during mid-day trading on Monday, reaching $34.39. 1,986 shares of the company's stock were exchanged, compared to its average volume of 3,843. Coca-Cola HBC has a 12-month low of $27.39 and a 12-month high of $37.58. The stock's 50 day moving average is $35.14 and its 200 day moving average is $35.44.

Coca-Cola HBC Company Profile

(Get Free Report

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.

Further Reading

Analyst Recommendations for Coca-Cola HBC (OTCMKTS:CCHGY)

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