Coca-Cola HBC Stock Surges Above 200-Day Moving Average
Coca-Cola HBC's (LON:CCH) stock price has surpassed its 200-day moving average, reaching GBX 4,658 during trading on Thursday. The stock's 200-day moving average is at GBX 4,518.36.
The company has received positive analyst ratings, with UBS Group reiterating a 'buy' rating and setting a price target of GBX 4,900 on shares of Coca-Cola HBC in a research report on May 5th.
Deutsche Bank Aktiengesellschaft raised its target price from GBX 5,550 to GBX 5,700 and gave the company a 'buy' rating in a research note on August 6th. Citigroup boosted its target price from GBX 4,500 to GBX 5,025 and gave the stock a 'neutral' rating in a report on July 3rd.
Insider Zoran Bogdanovic purchased 110 shares of Coca-Cola HBC stock at an average cost of GBX 4,964 per share, for a total transaction of £5,460.40 on July 17th.