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

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

Several research firms have recently weighed in on CCHGY. Kepler Capital Markets started coverage on shares of Coca-Cola HBC in a research note on Thursday, December 5th. They issued a "hold" rating for the company. Sanford C. Bernstein started coverage on Coca-Cola HBC in a research report on Tuesday, December 3rd. They issued an "outperform" rating for the company. Evercore ISI upgraded Coca-Cola HBC to a "hold" rating in a research report on Thursday, October 3rd. Citigroup raised Coca-Cola HBC to a "hold" rating in a research note on Thursday, October 3rd. Finally, Barclays upgraded shares of Coca-Cola HBC to a "strong-buy" rating in a report on Thursday, October 3rd.

Coca-Cola HBC Trading Up 2.9 %

Shares of OTCMKTS CCHGY traded up $0.98 during mid-day trading on Friday, reaching $34.96. The company's stock had a trading volume of 3,430 shares, compared to its average volume of 3,062. The stock has a 50-day moving average of $34.54 and a two-hundred day moving average of $35.41. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 0.91. Coca-Cola HBC has a 1-year low of $27.39 and a 1-year high of $37.58.

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.