Coca-Cola HBC AG (OTCMKTS:CCHGY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Coca-Cola HBC AG (OTCMKTS:CCHGY) have earned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Three research 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.

CCHGY has been the topic of several analyst reports. Evercore ISI upgraded Coca-Cola HBC to a “hold” rating in a research report on Thursday, October 3rd. Citigroup raised shares of Coca-Cola HBC to a “hold” rating in a report on Thursday, October 3rd. JPMorgan Chase & Co. raised shares of Coca-Cola HBC from a “neutral” rating to an “overweight” rating in a report on Wednesday, November 27th. Sanford C. Bernstein began coverage on shares of Coca-Cola HBC in a report on Tuesday, December 3rd. They issued an “outperform” rating on the stock. Finally, Barclays upgraded shares of Coca-Cola HBC to a “strong-buy” rating in a research report on Thursday, October 3rd.

Coca-Cola HBC Stock Up 0.3 %

Shares of OTCMKTS CCHGY opened at $35.08 on Friday. The stock has a fifty day simple moving average of $34.53 and a two-hundred day simple 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.

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.