Zoran Bogdanovic Purchases 169 Shares of Coca-Cola HBC AG (LON:CCH) Stock

Coca-Cola HBC AG (LON:CCH) insider Zoran Bogdanovic bought 169 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were purchased at an average price of GBX 2,755 ($35.18) per share, with a total value of £4,655.95 ($5,944.78).

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

• On Wednesday, July 17th, Zoran Bogdanovic acquired 170 shares of Coca-Cola HBC stock. The shares were purchased at an average cost of GBX 2,710 ($34.60) per share, for a total transaction of £4,607 ($5,882.28).
• On Monday, June 17th, Zoran Bogdanovic bought 172 shares of Coca-Cola HBC stock. The stock was bought at an average cost of GBX 2,702 ($34.50) per share, with a total value of £4,647.44 ($5,933.91).
• On Friday, May 24th, Zoran Bogdanovic sold 22,036 shares of Coca-Cola HBC stock. The shares were sold at an average price of GBX 2,770 ($35.37), for a total value of £610,397.20 ($779,363.13).

Coca-Cola HBC Price Performance

Shares of LON CCH traded down GBX 10 ($0.13) during trading hours on Monday, hitting GBX 2,726 ($34.81). 513,328 shares of the stock were exchanged, compared to its average volume of 777,617. The company has a debt-to-equity ratio of 135.02, a quick ratio of 0.80 and a current ratio of 1.14. The company has a market cap of £9.92 billion, a PE ratio of 1,836.24, a price-to-earnings-growth ratio of 1.51 and a beta of 0.94. The company’s fifty day simple moving average is GBX 2,731.72 and its two-hundred day simple moving average is GBX 2,596.39. Coca-Cola HBC AG has a 1-year low of GBX 2,065 ($26.37) and a 1-year high of GBX 2,890 ($36.90).

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on CCH shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 2,950 ($37.67) price objective on shares of Coca-Cola HBC in a report on Thursday, July 4th. Barclays reaffirmed an “overweight” rating and set a GBX 3,000 ($38.30) price target on shares of Coca-Cola HBC in a research report on Wednesday, May 1st. Citigroup restated a “neutral” rating on shares of Coca-Cola HBC in a report on Thursday, July 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,000 ($38.30) price objective on shares of Coca-Cola HBC in a research report on Wednesday, May 1st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,825 ($36.07).

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.