Coca-Cola HBC AG (LON:CCH) Insider Buys £4,555.44 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic acquired 162 shares of the stock in a transaction dated Thursday, October 17th. The stock was acquired at an average cost of GBX 2,812 ($36.72) per share, with a total value of £4,555.44 ($5,948.60).

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

• On Tuesday, September 17th, Zoran Bogdanovic purchased 165,093 shares of Coca-Cola HBC stock. The stock was acquired at an average cost of GBX 2,820 ($36.82) per share, with a total value of £4,655,622.60 ($6,079,423.61).
• On Friday, August 30th, Zoran Bogdanovic sold 15,000 shares of Coca-Cola HBC stock. The stock was sold at an average price of GBX 2,820 ($36.82), for a total value of £423,000 ($552,363.54).
• On Friday, August 16th, Zoran Bogdanovic bought 169 shares of Coca-Cola HBC stock. The shares were purchased at an average price of GBX 2,755 ($35.98) per share, for a total transaction of £4,655.95 ($6,079.85).

Coca-Cola HBC Stock Performance

Coca-Cola HBC AG has a 52-week low of GBX 2,065 ($26.97) and a 52-week high of GBX 2,890 ($37.74). The company has a debt-to-equity ratio of 135.02, a current ratio of 1.14 and a quick ratio of 0.80. The firm has a market capitalization of £10.25 billion, a PE ratio of 1,939.31, a P/E/G ratio of 0.98 and a beta of 0.94. The business’s 50 day moving average price is GBX 2,752.40 and its 200-day moving average price is GBX 2,684.76.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CCH. Citigroup reissued a “neutral” rating on shares of Coca-Cola HBC in a research report on Thursday, July 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 2,950 ($38.52) target price on shares of Coca-Cola HBC in a report on Thursday, July 4th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Coca-Cola HBC currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,825 ($36.89).

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.