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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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15 Feb 2023 08:59

LONDON MARKET OPEN: Stocks directionless but pound down after UK CPI

(Alliance News) - Stock prices in London opened largely lower on Wednesday as inflation in the UK slowed by slightly more than forecast in January, though remained in double digits.

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15 Feb 2023 08:14

CORRECT: LONDON BRIEFING: UK inflation cools to 10.1%

(Correcting New York closing indices.)

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15 Feb 2023 08:02

LONDON BRIEFING: UK inflation cools to 10.1%; Barclays profit down

(Alliance News) - Stock prices in London opened slightly higher on Wednesday in the wake of fresh data that revealed inflation in the UK was cooling.

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14 Feb 2023 16:56

LONDON MARKET CLOSE: FTSE 100 scores record high but US CPI sours mood

(Alliance News) - European stocks closed mixed on Tuesday, while equities in New York suffered a less-than-stellar morning, as the rate of inflation in the US cooled at a slower pace than expected last month.

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14 Feb 2023 12:04

LONDON MARKET MIDDAY: FTSE 100 comes near 8,000 ahead of US inflation

(Alliance News) - Stock prices in London were higher at midday on Tuesday, as investors' focus shifted from the latest UK labour market report to a key US consumer price index print.

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14 Feb 2023 08:54

TOP NEWS: Coca-Cola HBC achieves annual revenue rise; profit down

(Alliance News) - Coca-Cola HBC AG on Tuesday reported a strong year of organic growth, saying this was against a challenging backdrop, as it lifted its annual dividend by 9.9%.

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14 Feb 2023 08:40

LONDON MARKET OPEN: Stocks rise after UK jobs and wages report

(Alliance News) - London equities opened higher on Tuesday, as new data showed that UK employment rate remained steady in the final three months of 2022, while average pay rose but saw one of the biggest falls in real terms since records began.

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14 Feb 2023 07:59

LONDON BRIEFING: UK wage growth slows, real wages continue to fall

(Alliance News) - Stocks in London are set to open higher on Tuesday morning, as fresh data revealed UK average pay slowed in last three months of 2022 and saw one of the biggest falls in real terms since records began.

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14 Feb 2023 07:23

Coca-Cola HBC posts strong set of 2022 results

(Sharecast News) - Coca-Cola HBC, a bottling partner of the US-based Coca-Cola Company, reported a "strong" set of results for the year ended 31 December on Tuesday.

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7 Feb 2023 15:55

UK earnings, trading statements calendar - next 7 days

Wednesday 8 February 
Ashmore Group PLCHalf Year Results
Barratt Developments PLCHalf Year Results
DCC PLCTrading Statement
Hardide PLCFull Year Results
PZ Cussons PLCHalf Year Results
Severn Trent PLCTrading Statement
Smurfit Kappa Group PLCFull Year Results
Thursday 9 February 
AstraZeneca PLCFull Year Results
Bellway PLCTrading Statement
British American Tobacco PLCFull Year Results
Compass Group PLCTrading Statement
Redrow PLCHalf Year Results
Unilever PLCFull Year Results
Watches of Switzerland Group PLCTrading Statement
Friday 10 February 
Lancashire Holdings LtdFull Year Results
S&U PLCTrading Statement
Victrex PLCTrading Statement
Monday 13 February 
no events scheduled 
Tuesday 14 February 
Carr's Group PLCFull Year Results
Coca-Cola HBC AGFull Year Results
Plus500 LtdFull Year Results
Tui AGQ1 Results
UP Global Sourcing Holdings PLCTrading Statement
  
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12 Jan 2023 09:40

LONDON BROKER RATINGS: UBS cuts Beazley; Berenberg likes Rio and BHP

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

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10 Jan 2023 10:11

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

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

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15 Dec 2022 09:25

LONDON BROKER RATINGS: Goldman Sachs likes Big Yellow, Great Portland

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

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1 Dec 2022 09:58

LONDON BROKER RATINGS: RBC cuts Anglo American to 'sector perform'

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

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9 Nov 2022 11:55

Citi stays at neutral for CCH, cites lower multiple for Russia profits

(Sharecast News) - Analysts at Citi kept their recommendation for shares of Coca-Cola HBC at 'neutral'.

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