Credit Suisse Has Just Reaffirmed GBX 2950.00 Target Price Per Share on Coca-cola Hbc Ag (LON:CCH) stock, While They’ve Also Reiterated Their “Outperform” Rating

August 17, 2018 - By Ellis Scott

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Coca-cola Hbc Ag (LON:CCH) Rating Reaffirmed

In a report sent to investors this morning, Credit Suisse reiterated their “Outperform” rating on Coca-cola Hbc Ag (LON:CCH) shares. The PT means a possible upside of 13.33 % from firm’s last stock close.

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

Among 7 analysts covering Coca-Cola HBC (LON:CCH), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Coca-Cola HBC has GBX 3000 highest and GBX 2400 lowest target. GBX 2838’s average target is 8.61% above currents GBX 2613 stock price. Coca-Cola HBC had 11 analyst reports since February 19, 2018 according to SRatingsIntel. The rating was upgraded by Societe Generale on Thursday, June 7 to “Buy”. The stock of Coca-Cola HBC AG (LON:CCH) has “Outperform” rating given on Friday, August 17 by Credit Suisse. Jefferies maintained Coca-Cola HBC AG (LON:CCH) on Monday, August 6 with “Buy” rating. The rating was maintained by JP Morgan with “Neutral” on Friday, May 11. Jefferies upgraded Coca-Cola HBC AG (LON:CCH) on Wednesday, July 11 to “Buy” rating. The firm has “Hold” rating given on Monday, June 4 by Shore Capital. Citigroup maintained it with “Buy” rating and GBX 2800 target in Wednesday, May 9 report. The stock of Coca-Cola HBC AG (LON:CCH) has “Neutral” rating given on Monday, February 19 by JP Morgan. Shore Capital maintained Coca-Cola HBC AG (LON:CCH) on Thursday, August 9 with “Hold” rating. The rating was maintained by Shore Capital with “Hold” on Thursday, May 10.

The stock decreased 0.68% or GBX 18 during the last trading session, reaching GBX 2613. About 433,115 shares traded. Coca-Cola HBC AG (LON:CCH) has 0.00% since August 17, 2017 and is . It has underperformed by 12.57% 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 9.62 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 19.34 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.

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