Insider Buying: Coca-Cola HBC (LON:CCH) Insider Buys £5,914.39 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic bought 127 shares of the stock in a transaction on Thursday, September 17th. The shares were bought at an average price of GBX 4,657 per share, for a total transaction of £5,914.39.

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

• On Monday, August 17th, Zoran Bogdanovic purchased 120 shares of Coca-Cola HBC stock. The shares were bought at an average price of GBX 4,553 per share, with a total value of £5,463.60.
• On Friday, July 17th, Zoran Bogdanovic purchased 110 shares of Coca-Cola HBC stock. The shares were purchased at an average cost 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 stock was sold at an average price of GBX 4,808, for a total value of £654,320.72.

Coca-Cola HBC Price Performance

CCH stock traded down GBX 362 during midday trading on Friday, hitting GBX 4,248. 48,567,898 shares of the stock were exchanged, compared to its average volume of 7,845,886. The stock’s 50-day moving average price is GBX 4,728.15 and its 200-day moving average price is GBX 4,540.75. The company has a debt-to-equity ratio of 150.62, a quick ratio of 0.80 and a current ratio of 1.37. The stock has a market cap of £15.48 billion, a price-to-earnings ratio of 16.40, a PEG ratio of 1.03 and a beta of 0.54. Coca-Cola HBC AG has a fifty-two week low of GBX 3,270 and a fifty-two week high of GBX 5,195.

Analysts Set New Price Targets

A number of brokerages have commented on CCH. Berenberg Bank increased their target price 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. Deutsche Bank Aktiengesellschaft increased their price objective on Coca-Cola HBC from GBX 5,700 to GBX 5,725 and gave the company a “buy” rating in a research note on Wednesday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 5,500 target price on shares of Coca-Cola HBC in a research note on Wednesday, August 5th. Finally, Citigroup upped their target price on shares of Coca-Cola HBC from GBX 4,500 to GBX 5,025 and gave the company a “neutral” rating in a report on Friday, July 3rd. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,320.60.

Coca-Cola HBC Company Profile

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.