Coca-Cola HBC Share Price Dips Below Two Hundred Day Moving Average
Coca-Cola HBC's (LON:CCH) share price crossed below its two hundred day moving average during trading on Tuesday. The company has a debt-to-equity ratio of 150.62 and a current ratio of 1.37.
Analysts have set new price targets for Coca-Cola HBC, with UBS Group reiterating a 'buy' rating and issuing a target price of GBX 4,900 on shares of the company in a research report on Tuesday, May 5th.
Berenberg Bank upped their price objective on Coca-Cola HBC from GBX 5,007 to GBX 5,453 and gave the company a 'buy' rating in a research note on Thursday, August 6th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock.
Coca-Cola HBC's insiders have bought 126,904 shares of company stock valued at £582,652,734 in the last 90 days. The company's market capitalization is £16.74 billion.