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

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

A number of research analysts recently issued reports on the stock. 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 initiated coverage on Coca-Cola HBC in a research note on Tuesday, December 3rd. They issued an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. upgraded Coca-Cola HBC from a “neutral” rating to an “overweight” rating in a research report on Wednesday, November 27th.

Coca-Cola HBC Price Performance

Shares of CCHGY stock opened at $41.73 on Tuesday. 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 debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 0.91. The stock’s 50-day simple moving average is $35.46 and its 200-day simple moving average is $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.