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

Coca-Cola HBC AG (OTCMKTS:CCHGY) has received an average recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company.

Several research analysts have recently weighed in on the stock. Kepler Capital Markets began coverage on shares of Coca-Cola HBC in a report on Thursday, December 5th. They issued a “hold” rating on the stock. Barclays raised Coca-Cola HBC to a “strong-buy” rating in a report on Thursday, October 3rd. Evercore ISI raised Coca-Cola HBC to a “hold” rating in a report on Thursday, October 3rd. Citigroup raised shares of Coca-Cola HBC to a “hold” rating in a research note on Thursday, October 3rd. Finally, Sanford C. Bernstein started coverage on shares of Coca-Cola HBC in a research note on Tuesday, December 3rd. They issued an “outperform” rating for the company.

Coca-Cola HBC Trading Down 0.8 %

OTCMKTS CCHGY opened at $33.95 on Monday. The company’s 50 day simple moving average is $35.06 and its two-hundred day simple moving average is $35.43. Coca-Cola HBC has a 1 year low of $27.39 and a 1 year high of $37.58.

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.