Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $35.48 and traded as low as $33.73. Coca-Cola HBC shares last traded at $33.73, with a volume of 3,938 shares.
Analyst Ratings Changes
A number of research analysts recently issued reports on CCHGY shares. Sanford C. Bernstein began coverage on shares of Coca-Cola HBC in a research note on Tuesday, December 3rd. They issued an "outperform" rating for the company. Citigroup raised shares of Coca-Cola HBC to a "hold" rating in a research report on Thursday, October 3rd. Evercore ISI raised Coca-Cola HBC to a "hold" rating in a report on Thursday, October 3rd. Barclays upgraded Coca-Cola HBC to a "strong-buy" rating in a research note on Thursday, October 3rd. Finally, JPMorgan Chase & Co. raised Coca-Cola HBC from a "neutral" rating to an "overweight" rating in a research report on Wednesday, November 27th. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Coca-Cola HBC currently has an average rating of "Moderate Buy".
Get Our Latest Stock Analysis on CCHGY
Coca-Cola HBC Price Performance
The stock's 50-day moving average is $35.55 and its 200 day moving average is $35.47.
About Coca-Cola HBC
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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.
Further Reading
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