COCA-COLA HBC A/ADR (CCHGY) Given Consensus Recommendation of “Buy” by Analysts

COCA-COLA HBC A/ADR (OTCMKTS:CCHGY) has earned an average recommendation of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of COCA-COLA HBC A/ADR from a “sell” rating to a “hold” rating in a research note on Wednesday, December 5th. Goldman Sachs Group upgraded shares of COCA-COLA HBC A/ADR from a “neutral” rating to a “buy” rating in a research note on Sunday, January 27th. Finally, Barclays assumed coverage on shares of COCA-COLA HBC A/ADR in a research note on Tuesday. They set an “overweight” rating on the stock.

Shares of CCHGY opened at $34.15 on Tuesday. COCA-COLA HBC A/ADR has a 1-year low of $28.53 and a 1-year high of $38.14. The firm has a market capitalization of $12.45 billion, a P/E ratio of 22.47, a P/E/G ratio of 2.74 and a beta of 0.37. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.21 and a quick ratio of 0.98.

COCA-COLA HBC A/ADR Company Profile

Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages. The company offers sparkling soft drinks; still drinks, including juices and fruit-based drinks, iced tea, coffee, and energy and sports drinks; and natural mineral, spring, and processed water. It markets and sells its products under the Coca-Cola, Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice, and Nestea brand names; and distributes third-party products, such as Monster energy drinks, and beer and premium spirits.

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Analyst Recommendations for COCA-COLA HBC A/ADR (OTCMKTS:CCHGY)

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