Kepler Capital Markets Initiates Coverage on Coca-Cola HBC (OTCMKTS:CCHGY)

Research analysts at Kepler Capital Markets assumed coverage on shares of Coca-Cola HBC (OTCMKTS:CCHGY) in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The firm set a “hold” rating on the stock.

CCHGY has been the subject of several other reports. Evercore ISI raised shares of Coca-Cola HBC to a “hold” rating in a report on Thursday, October 3rd. Barclays raised Coca-Cola HBC to a “strong-buy” rating in a report on Thursday, October 3rd. JPMorgan Chase & Co. upgraded Coca-Cola HBC from a “neutral” rating to an “overweight” rating in a research note on Wednesday, November 27th. Citigroup upgraded Coca-Cola HBC to a “hold” rating in a research report on Thursday, October 3rd. Finally, Sanford C. Bernstein initiated coverage on shares of Coca-Cola HBC in a research report on Tuesday. They set an “outperform” rating on the stock. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Coca-Cola HBC has a consensus rating of “Moderate Buy”.

Coca-Cola HBC Stock Performance

Shares of Coca-Cola HBC stock opened at $35.85 on Thursday. The firm has a fifty day moving average of $35.64 and a two-hundred day moving average of $35.47. Coca-Cola HBC has a one year low of $27.39 and a one year high of $37.58.

About Coca-Cola HBC

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.