How Good Does Coca-cola Hbc Ag (LON:CCH) Look Now? Deutsche Has Just Upgraded The Stock

January 19, 2018 - By Michael Collier

Coca-cola Hbc Ag (LON:CCH) Stock Upgrade

The stock rating of Coca-cola Hbc Ag (LON:CCH) shares was raised by research professionals at Deutsche to a respectable “Buy”. They currently have a target price of GBX 2850.00 on CCH. Deutsche’s target price would indicate a possible upside of 18.70 % from the stock close price of the company.

Coca-Cola HBC AG (LON:CCH) Ratings Coverage

Among 14 analysts covering Coca-Cola HBC (LON:CCH), 5 have Buy rating, 3 Sell and 6 Hold. Therefore 36% are positive. Coca-Cola HBC has GBX 2900 highest and GBX 1 lowest target. GBX 2330.69’s average target is -3.89% below currents GBX 2425 stock price. Coca-Cola HBC had 122 analyst reports since August 4, 2015 according to SRatingsIntel. Nomura maintained the shares of CCH in report on Monday, February 22 with “Reduce” rating. The stock of Coca-Cola HBC AG (LON:CCH) has “Buy” rating given on Tuesday, October 4 by Citigroup. Barclays Capital maintained Coca-Cola HBC AG (LON:CCH) rating on Wednesday, August 12. Barclays Capital has “Equal Weight” rating and GBX 1220 target. The firm earned “Hold” rating on Thursday, December 7 by Shore Capital. The stock of Coca-Cola HBC AG (LON:CCH) earned “Buy” rating by Citigroup on Friday, August 11. The stock has “Reduce” rating by Nomura on Friday, November 6. The company was upgraded on Monday, May 16 by Numis Securities. The rating was maintained by Credit Suisse on Friday, August 11 with “Outperform”. The company was maintained on Thursday, November 5 by Barclays Capital. Deutsche Bank maintained Coca-Cola HBC AG (LON:CCH) rating on Friday, August 12. Deutsche Bank has “Hold” rating and GBX 1600 target.

The stock increased 0.54% or GBX 13 during the last trading session, reaching GBX 2425. About 201,713 shares traded. Coca-Cola HBC AG (LON:CCH) has 0.00% since January 19, 2017 and is . It has underperformed by 16.70% the S&P500.

Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages under bottlers' arrangements, franchise agreements, and under its own brand names. The company has market cap of 8.88 billion GBP. The firm offers sparkling, still, and water beverages, including waters and flavored waters, juices and juice drinks, sports and energy drinks, teas, and coffees. It has a 18.36 P/E ratio. It markets and sells its products under the Coca-Cola, Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice brand names; and iced tea, and sports and energy drinks under the Nestea and Monster brand names, as well as distributes third-party products, such as beer and premium spirits.

More notable recent Coca-Cola HBC AG (LON:CCH) news were published by: Reuters.com which released: “Coca-Cola HBC sales up as Russia rebounds” on May 11, 2017, also Marketwatch.com with their article: “Coca-Cola HBC earnings rise on volume growth” published on August 10, 2017, Ft.com published: “Coca-Cola HBC slides on fears over potential Africa acquisition” on November 13, 2017. More interesting news about Coca-Cola HBC AG (LON:CCH) were released by: Marketwatch.com and their article: “Coca-Cola HBC AG ADR” published on August 07, 2014 as well as Ft.com‘s news article titled: “Coca-Cola HBC up on potential to buy African bottling company” with publication date: July 19, 2016.

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