Coca-Cola HBC Receives Average 'Moderate Buy' Rating from Analysts
Coca-Cola HBC AG (LON:CCH) has received an average rating of 'Moderate Buy' from six analysts, according to Marketbeat Ratings. Among these analysts, five have given the company a buy rating and one has issued a hold rating.
The average twelve-month price target among brokerages that have issued ratings on CCH in the last year is GBX 5,315.60. In recent months, various brokerages have commented on the stock, including Jefferies Financial Group, which reiterated a 'buy' rating and set a target price of GBX 5,500.
Berenberg Bank raised their price target on shares of Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the company a 'buy' rating. Deutsche Bank Aktiengesellschaft also lifted their price objective on CCH shares from GBX 5,550 to GBX 5,700 and gave the stock a 'buy' rating.