Shares of Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $34.96 and traded as low as $34.36. Coca-Cola HBC shares last traded at $34.56, with a volume of 2,896 shares changing hands.
Analyst Upgrades and Downgrades
CCHGY has been the subject of several analyst reports. Barclays upgraded shares of Coca-Cola HBC to a "strong-buy" 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. JPMorgan Chase & Co. upgraded Coca-Cola HBC from a "neutral" rating to an "overweight" rating in a research report on Wednesday, November 27th. Evercore ISI upgraded shares of Coca-Cola HBC to a "hold" rating in a report on Thursday, October 3rd. Finally, Kepler Capital Markets initiated coverage on shares of Coca-Cola HBC in a research note on Thursday, December 5th. They issued a "hold" rating on the stock. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Coca-Cola HBC presently has a consensus rating of "Moderate Buy".
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Coca-Cola HBC Trading Down 0.8 %
The business has a 50-day simple moving average of $34.96 and a 200 day simple moving average of $35.45.
Coca-Cola HBC Company Profile
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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.
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