Wall Street Zen Downgrades Coca-Cola HBC (OTCMKTS:CCHGY) to Buy

Coca-Cola HBC (OTCMKTS:CCHGY) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued on Monday.

Separately, Berenberg Bank upgraded Coca-Cola HBC to a “strong-buy” rating in a report on Wednesday, April 2nd. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Coca-Cola HBC Stock Up 1.2%

Coca-Cola HBC stock opened at $52.61 on Monday. Coca-Cola HBC has a 1 year low of $32.75 and a 1 year high of $55.60. The business has a 50-day moving average of $50.59 and a 200-day moving average of $42.51. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.91 and a current ratio of 1.14.

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.