Coca-Cola HBC (OTCMKTS:CCHGY) Rating Increased to Overweight at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Coca-Cola HBC (OTCMKTS:CCHGY) from a neutral rating to an overweight rating in a research report sent to investors on Wednesday morning, Marketbeat reports.

Several other brokerages have also recently commented on CCHGY. Evercore ISI raised shares of Coca-Cola HBC to a “hold” rating in a research note on Thursday, October 3rd. Citigroup upgraded Coca-Cola HBC to a “hold” rating in a report on Thursday, October 3rd. Finally, Barclays upgraded shares of Coca-Cola HBC to a “strong-buy” rating in a report on Thursday, October 3rd.

Coca-Cola HBC Price Performance

OTCMKTS:CCHGY opened at $35.39 on Wednesday. Coca-Cola HBC has a 1-year low of $27.39 and a 1-year high of $37.58. The firm has a fifty day simple moving average of $35.65 and a 200 day simple moving average of $35.45.

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.