Coca-Cola HBC AG Receives Average 'Moderate Buy' Rating from Brokerages
Coca-Cola HBC AG (LON:CCH) has received a consensus rating of 'Moderate Buy' from six brokerages covering the stock, reports MarketBeat.com. Five analysts have assigned a buy rating to the company.
The average 12-month target price among these brokerages is GBX 5,315.60. This estimate has been influenced by several research analysts who have weighed in on CCH shares recently.
Berenberg Bank increased its target price for Coca-Cola HBC from GBX 5,007 to GBX 5,453 and maintained a 'buy' rating in a report released on August 6th. Jefferies Financial Group reiterated a 'buy' rating with a price target of GBX 5,500 on shares of Coca-Cola HBC in a note published on August 5th.
Deutsche Bank Aktiengesellschaft boosted its price target from GBX 5,550 to GBX 5,700 and gave the company a 'buy' rating in a research note issued on August 6th. UBS Group reaffirmed a 'buy' rating with a price objective of GBX 4,900 on shares of Coca-Cola HBC in a report released on May 5th.