Coca-Cola HBC AG (OTCMKTS:CCHGY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Coca-Cola HBC AG (OTCMKTS:CCHGY) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

Separately, Berenberg Bank upgraded Coca-Cola HBC to a “strong-buy” rating in a report on Wednesday, April 2nd.

Coca-Cola HBC Stock Performance

Shares of CCHGY stock opened at $43.51 on Friday. Coca-Cola HBC has a 52 week low of $29.42 and a 52 week high of $47.65. The company has a 50-day simple moving average of $42.19 and a 200 day simple moving average of $37.56. The company has a quick ratio of 0.91, a current ratio of 1.14 and a debt-to-equity ratio of 1.02.

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.