Coca-Cola HBC (OTCMKTS:CCHGY) Raised to “Overweight” at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Coca-Cola HBC (OTCMKTS:CCHGY) from a neutral rating to an overweight rating in a research report released on Wednesday morning, MarketBeat.com reports.

CCHGY has been the topic of several other reports. Barclays upgraded Coca-Cola HBC to a “strong-buy” rating in a research report on Thursday, October 3rd. Evercore ISI upgraded shares of Coca-Cola HBC to a “hold” rating in a research note on Thursday, October 3rd. Finally, Citigroup upgraded shares of Coca-Cola HBC to a “hold” rating in a research report on Thursday, October 3rd.

Coca-Cola HBC Stock Performance

OTCMKTS CCHGY opened at $36.04 on Wednesday. The company has a 50-day moving average price of $35.70 and a two-hundred day moving average price of $35.42. Coca-Cola HBC has a 52 week low of $27.39 and a 52 week high of $37.58.

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.