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Coca Cola HBC ( (GB:CCH) ) has provided an update.
Coca-Cola HBC AG announced a transaction involving a director, Pantelis (Linos) Doros Lekkas, who purchased 10,000 ordinary shares at a price of 34.50 GBP each, totaling 345,000 GBP. This transaction, conducted on the London Stock Exchange, reflects managerial confidence in the company’s prospects and is reported in compliance with UK and EU Market Abuse Regulations.
The most recent analyst rating on (GB:CCH) stock is a Buy with a £45.00 price target. To see the full list of analyst forecasts on Coca Cola HBC stock, see the GB:CCH Stock Forecast page.
Spark’s Take on GB:CCH Stock
According to Spark, TipRanks’ AI Analyst, GB:CCH is a Outperform.
Coca Cola HBC’s strong financial performance and positive earnings call outlook are the primary drivers of the stock score. While technical indicators are neutral, the company’s strategic growth initiatives and market share gains provide confidence in its future prospects. Valuation metrics suggest the stock is fairly valued, supporting a solid overall score.
To see Spark’s full report on GB:CCH stock, click here.
More about Coca Cola HBC
Coca-Cola HBC AG is a leading bottler of The Coca-Cola Company, operating in the consumer goods industry. The company focuses on producing and distributing a wide range of non-alcoholic beverages, primarily serving markets across Europe and parts of Africa.
Average Trading Volume: 650,174
Technical Sentiment Signal: Buy
Current Market Cap: £12.74B
Learn more about CCH stock on TipRanks’ Stock Analysis page.