COCA-COLA HBC A/ADR (OTCMKTS:CCHGY) Stock Rating Upgraded by ValuEngine

ValuEngine upgraded shares of COCA-COLA HBC A/ADR (OTCMKTS:CCHGY) from a sell rating to a hold rating in a research note published on Sunday morning, ValuEngine reports.

Separately, Zacks Investment Research raised COCA-COLA HBC A/ADR from a hold rating to a buy rating and set a $35.00 target price for the company in a research report on Friday, October 11th.

CCHGY opened at $32.95 on Friday. The stock’s 50-day moving average price is $31.45 and its 200 day moving average price is $33.79. COCA-COLA HBC A/ADR has a 12-month low of $29.48 and a 12-month high of $38.80. The firm has a market cap of $11.92 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 2.69 and a beta of 0.30. The company has a current ratio of 0.94, a quick ratio of 0.78 and a debt-to-equity ratio of 0.88.

About COCA-COLA HBC A/ADR

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, and energy and sports drinks; and natural mineral, spring, and processed water. It markets and sells its products under the Coca-Cola, 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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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