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Pin to quick picksCoca-Cola HBC Share News (CCH)

Share Price Information for Coca-Cola HBC (CCH)

London Stock Exchange
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Share Price: 2,602.00
Bid: 2,604.00
Ask: 2,606.00
Change: 12.00 (0.46%)
Spread: 2.00 (0.077%)
Open: 2,590.00
High: 2,636.00
Low: 2,588.00
Prev. Close: 2,590.00
CCH Live PriceLast checked at -

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Credit Suisse bumps up target price for CCH

Tue, 07th Jun 2016 11:37

(ShareCast News) - Credit Suisse bumped up its target price on shares of Coca Cola HBC following what it described as an "upbeat" investor seminar from the company on the previous day.The bottling company outlined plans for revenues to grow by between 4% to 5% over fiscal year 2016 to 2020 and boost its margins from the 7.5% achieved in 2015 back to their levels from before the crisis, at 11%.Analysts Sanjeet Aujla, Charlie Mills and Pavan Daswan estimated the improvement in margins would be more backend-loaded, towards 2018-2020, reaching 10% by fiscal year 2020. The analysts also called attention to the "inherent volatility" of the company´s markets.If CCH met those targets then on the basis of current exchange rates that could translate into a compound annual growth rate of 15% in earnings per share between 2016 and 2020, they said.That led Credit Suisse to lift its target price on the company´s shares from 1,480p to 1,500p, while keeping its recommendation at 'neutral'.The Swiss broker also pointed out the prospect for better pricing in Russia, easing deflation across Europe and the "good work" carried out by management on its cost base, which should allow for greater operational leverage if momentum on the top line was maintained.Lastly, the analysts noted how in the absence of future M&A opportunities the company would 'optimise' its balance sheet by paying out a special dividend.
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11 Aug 2023 12:09

LONDON MARKET MIDDAY: Stocks slide afte surprise growth figures for UK

(Alliance News) - Stock prices in London were lower at midday on Friday, as markets worried that better-than-expected growth figures for the UK economy may give the Bank of England room to keep interest rates higher for longer.

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11 Aug 2023 09:52

LONDON BROKER RATINGS: Deutsche cuts Domino's Pizza; RBC lowers CVS

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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10 Aug 2023 10:08

LONDON BROKER RATINGS: Bank of America upgrades Quilter to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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9 Aug 2023 17:36

UK's FTSE 100 rises as energy and mining stocks rally on China stimulus hopes

Coca-Cola HBC gains after raising annual sales forecast

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9 Aug 2023 10:00

Bottler Coca-Cola HBC lifts sales outlook

Raises FY sales forecast

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9 Aug 2023 09:11

LONDON MARKET OPEN: Europe unfazed by underwhelming China data

(Alliance News) - Stock prices in London opened higher on Wednesday, despite another batch of disappointing data from China, as the world second-largest economy slumped into deflation.

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9 Aug 2023 08:36

TOP NEWS: Coca-Cola HBC delivers "better-than-expected" half-year

(Alliance News) - Coca-Cola HBC AG on Wednesday reported its half-year outturn topped expectations, "despite headwinds".

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9 Aug 2023 07:58

LONDON BRIEFING: Flutter US arm shines; Hiscox profit surges

(Alliance News) - Stocks in London are called to open higher on Wednesday, after some positive earnings from large-cap listings, though tepid data from China kept a lid on sentiment in Asia.

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9 Aug 2023 07:01

Bottler Coca-Cola HBC beats profit estimates, lifts sales outlook

Aug 9 (Reuters) - Bottler Coca-Cola HBC beat half-year profit expectations and lifted its annual revenue target on Wednesday, supported by strong sales and higher prices of its soft drinks.

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2 Aug 2023 15:46

UK earnings, trading statements calendar - next 7 days

Thursday 3 August 
Helios Towers PLCHalf Year Results
Hikma Pharmaceuticals PLCHalf Year Results
Irish Residential Properties REIT PLCHalf Year Results
London Stock Exchange Group PLCHalf Year Results
Mears Group PLCHalf Year Results
Mondi PLCHalf Year Results
Morgan Sindall Group PLCHalf Year Results
Next PLCTrading Statement
Omega Diagnostics Group PLCFull Year Results
Pantheon International PLCFull Year Results
Pets At Home Group PLCTrading Statement
Rolls-Royce Holdings PLCHalf Year Results
ScS Group PLCTrading Statement
Serco Group PLCHalf Year Results
Shaftesbury Capital PLCHalf Year Results
Smith & Nephew PLCHalf Year Results
Tritax Big Box REIT PLCHalf Year Results
TT Electronics PLCHalf Year Results
Walker Crips Group PLCFull Year Results
Wizz Air Holdings PLCQ1 Results
Friday 4 August 
Capita PLCHalf Year Results
Renewables Infrastructure Group LtdHalf Year Results
WPP PLCHalf Year Results
Monday 7 August 
HydrogenOne Capital Growth PLCTrading Statement
Kosmos Energy LtdHalf Year Results
PageGroup PLCHalf Year Results
Tuesday 8 August 
abrdn PLCHalf Year Results
Glencore PLCHalf Year Results
H&T Group PLCHalf Year Results
InterContinental Hotels Group PLCHalf Year Results
IWG PLCHalf Year Results
Quilter PLCHalf Year Results
Rotork PLCHalf Year Results
SDI Group PLCFull Year Results
SIG PLCHalf Year Results
TI Fluid Systems PLCHalf Year Results
Zotefoams PLCHalf Year Results
Wednesday 9 August 
4imprint Group PLCHalf Year Results
Arix Bioscience PLCHalf Year Results
Bank of Cyprus Holdings PLCHalf Year Results
Bellway PLCTrading Statement
CLS Holdings PLCHalf Year Results
CML Microsystems PLCTrading Statement
Coca-Cola HBC AGHalf Year Results
Flutter Entertainment PLCHalf Year Results
Hargreaves Services PLCFull Year Results
Hill & Smith PLCHalf Year Results
Hiscox LtdHalf Year Results
MaxCyte IncHalf Year Results
Polymetal International PLCTrading Statement
RM PLCHalf Year Results
Secure Trust Bank PLCHalf Year Results
TP ICAP Group PLCHalf Year Results
Tui AGQ3 Results
Vaalco Energy IncHalf Year Results
  
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18 Jul 2023 09:21

LONDON BROKER RATINGS: JPMorgan sees positive catalysts for Flutter

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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10 Jul 2023 09:27

LONDON BROKER RATINGS: HSBC downgrades commercial property stocks

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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7 Jul 2023 17:33

European shares end higher after worst week in nearly four months

STOXX 600 falls 3.1% for the week

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7 Jul 2023 17:26

FTSE 100 posts worst week in nearly four months on rate hike jitters

Bottler Coca Cola HBC gains after lifting profit outlook

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7 Jul 2023 16:55

LONDON MARKET CLOSE: FTSE 100 ends rough week in tepid fashion

(Alliance News) - Stock prices in Europe diverged on Friday, with the FTSE 100 underperforming, as a weaker-than-expected US jobs report did little for equities amid the expectation that the Federal is not done with hiking.

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