Insider Buying: Coca-Cola HBC (LON:CCH) Insider Buys £5,463.60 in Stock

by · The Markets Daily

Coca-Cola HBC AG (LON:CCH – Get Free Report) insider Zoran Bogdanovic purchased 120 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were acquired at an average price of GBX 4,553 per share, for a total transaction of £5,463.60.

Zoran Bogdanovic also recently made the following trade(s):

  • On Friday, July 17th, Zoran Bogdanovic acquired 110 shares of Coca-Cola HBC stock. The shares were bought at an average price of GBX 4,964 per share, for a total transaction of £5,460.40.
  • On Friday, June 26th, Zoran Bogdanovic sold 13,609 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 4,808, for a total transaction of £654,320.72.
  • On Wednesday, June 17th, Zoran Bogdanovic bought 126,674 shares of Coca-Cola HBC stock. The stock was bought at an average price of GBX 4,591 per share, with a total value of £5,815,603.34.

Coca-Cola HBC Stock Down 2.3%

CCH stock opened at GBX 4,412.89 on Friday. The stock has a market capitalization of £16.08 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.03 and a beta of 0.55. Coca-Cola HBC AG has a 52 week low of GBX 3,270 and a 52 week high of GBX 5,195. The company has a quick ratio of 0.80, a current ratio of 1.37 and a debt-to-equity ratio of 150.62. The firm has a 50 day moving average of GBX 4,825.34 and a 200 day moving average of GBX 4,539.19.

Wall Street Analyst Weigh In

CCH has been the subject of several research reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 5,500 price objective on shares of Coca-Cola HBC in a research note on Wednesday, August 5th. Citigroup raised their target price on Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the stock a “neutral” rating in a research note on Friday, July 3rd. UBS Group reaffirmed a “buy” rating and set a GBX 4,900 price target on shares of Coca-Cola HBC in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft boosted their price target on Coca-Cola HBC from GBX 5,550 to GBX 5,700 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Berenberg Bank increased their price objective on Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the company a “buy” rating in a report on Thursday, August 6th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Coca-Cola HBC has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,315.60.

Read Our Latest Research Report on Coca-Cola HBC

Coca-Cola HBC Company Profile

(Get Free Report)

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic bottling partner of The Coca-Cola Company. We open up moments that refresh us all, by creating value for our stakeholders and supporting the socio-economic development of the communities in which we operate. With a vision to be the leading 24/7 beverage partner, we offer drinks for all occasions around the clock and work together with our customers to serve 760 million consumers across a broad geographic footprint of 29 countries.

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