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

Shares of Coca-Cola HBC AG (OTCMKTS:CCHGY) have earned an average rating of “Moderate Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

Several brokerages recently commented on CCHGY. Sanford C. Bernstein started coverage on shares of Coca-Cola HBC in a research report on Tuesday, December 3rd. They set an “outperform” rating for the company. Barclays raised Coca-Cola HBC to a “strong-buy” rating in a research report on Thursday, October 3rd. Evercore ISI raised Coca-Cola HBC to a “hold” rating in a research report on Thursday, October 3rd. Citigroup upgraded Coca-Cola HBC to a “hold” rating in a report on Thursday, October 3rd. Finally, Kepler Capital Markets initiated coverage on Coca-Cola HBC in a report on Thursday, December 5th. They set a “hold” rating for the company.

Coca-Cola HBC Stock Down 0.8 %

OTCMKTS CCHGY opened at $34.23 on Monday. Coca-Cola HBC has a 12 month low of $27.39 and a 12 month high of $37.58. The company has a 50-day moving average of $35.00 and a 200-day moving average of $35.43.

Coca-Cola HBC Company Profile

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.