Coca-Cola HBC AG (LON:CCH) Insider Sells £216,042.12 in Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic sold 6,273 shares of the stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of GBX 3,444 ($44.58), for a total value of £216,042.12 ($279,629.98).

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

• On Monday, March 17th, Zoran Bogdanovic purchased 129,325 shares of Coca-Cola HBC stock. The shares were purchased at an average price of GBX 3,451 ($44.67) per share, with a total value of £4,463,005.75 ($5,776,605.94).
• On Monday, February 17th, Zoran Bogdanovic bought 138,810 shares of Coca-Cola HBC stock. The shares were purchased at an average cost of GBX 3,231 ($41.82) per share, with a total value of £4,484,951.10 ($5,805,010.48).
• On Friday, January 17th, Zoran Bogdanovic purchased 162 shares of Coca-Cola HBC stock. The shares were acquired at an average cost of GBX 2,786 ($36.06) per share, for a total transaction of £4,513.32 ($5,841.73).

Coca-Cola HBC Stock Up 1.7 %

CCH stock opened at GBX 3,524 ($45.61) on Friday. The firm has a 50 day simple moving average of GBX 3,199.43 and a 200 day simple moving average of GBX 2,913.33. The firm has a market cap of £15.25 billion, a PE ratio of 24.36, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 137.31, a current ratio of 1.14 and a quick ratio of 0.80. Coca-Cola HBC AG has a 12 month low of GBX 2,360 ($30.55) and a 12 month high of GBX 3,540 ($45.82).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 3,650 ($47.24) price target on shares of Coca-Cola HBC in a research report on Friday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 3,150 ($40.77).

About Coca-Cola HBC

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 740 million consumers across a broad geographic footprint of 29 countries.