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

Shares of Coca-Cola HBC AG (OTCMKTS:CCHGY) have been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms recently weighed in on CCHGY. Kepler Capital Markets initiated coverage on shares of Coca-Cola HBC in a research report on Thursday, December 5th. They set a “hold” rating for the company. Sanford C. Bernstein assumed coverage on Coca-Cola HBC in a report on Tuesday, December 3rd. They set an “outperform” rating for the company. Finally, JPMorgan Chase & Co. raised Coca-Cola HBC from a “neutral” rating to an “overweight” rating in a research note on Wednesday, November 27th.

Coca-Cola HBC Stock Up 0.3 %

OTCMKTS:CCHGY opened at $41.73 on Tuesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.91 and a current ratio of 1.14. Coca-Cola HBC has a fifty-two week low of $29.42 and a fifty-two week high of $41.75. The company has a fifty day moving average of $35.46 and a two-hundred day moving average of $35.68.

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.