Berenberg Bank Lifts Coca-Cola HBC Price Target to £5,453

Berenberg Bank has raised its price target for Coca-Cola HBC (LON:CCH) to GBX 5,453 in a recent research report. This new target represents an increase of GBX 446 from their previous estimate of GBX 5,007.

The bank currently maintains a 'buy' rating on the stock, indicating that investors may see a potential upside of 8.73% if the target is reached.

This is not the only recent update to Coca-Cola HBC's price target; UBS Group and Jefferies Financial Group have also issued revised estimates in recent weeks.