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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: 2,764.00
Bid: 2,762.00
Ask: 2,764.00
Change: 42.00 (1.54%)
Spread: 2.00 (0.072%)
Open: 2,722.00
High: 2,766.00
Low: 2,722.00
Prev. Close: 2,722.00
CCH Live PriceLast checked at -

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Credit Suisse upgrades CCH, lifts target

Thu, 15th Sep 2016 14:27

(ShareCast News) - Analysts at Credit Suisse upgraded their recommendation Coca Cola bottler CCH and lifted their target price on the shares given its attractive top-line growth and EBIT potential.Faster growth in asset turns should also drive stronger returns on invested capital, analysts Sanjeet Aujla, Laurent Grandent, Pavan Daswani and Clay Crumblis said in a research note sent to clients.CCH also offered better visibility on margins via cost synergies and was expected to deliver higher organic growth than peers such as CCEP, because of its more attractive footprint in geographies with greater consumption on a per capita basis.The bottler's low level of gearing - with net debt to EBITDA standing at just 1.3 - also meant it was better positioned to "redeploy" its balance sheet through cash returns and mergers and acquisitions."We believe CCH and CCEP could both participate in further consolidation of the Coca-Cola bottling network, and in particular both could exploit opportunities in Africa," the analysts said.The broker also said it preferred shares in CCH over those of CCEP on account of its organic growth profile and near-term balance sheet optionality.Credit Suisse upped its recommendation on CCH from 'neutral' to 'outperform' and hiked its target price from 1600p to 1950p.
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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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7 Jul 2023 12:04

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7 Jul 2023 11:27

Payrolls beat already priced in

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7 Jul 2023 09:28

Risk-off mood dents Europe ahead of payrolls

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7 Jul 2023 08:45

LONDON MARKET OPEN: FTSE 100 falls ahead of US payrolls print

(Alliance News) - Stock prices in London opened in the red on Friday, continuing the week's downward trend, as concerns over monetary tightening put pressure on equities across the globe.

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7 Jul 2023 07:43

LONDON BRIEFING: Coca-Cola HBC raises guidance; House prices fall

(Alliance News) - Stock prices in London are expected to open flat on Friday, as investors look ahead to a US jobs print at the end of a rather bruising week for global equities.

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7 Jul 2023 07:34

TOP NEWS: Coca-Cola HBC upgrades profit guidance after strong half

(Alliance News) - Coca-Cola HBC AG on Friday said that, after a stronger-than-expected finish to the first half of the year, it is upgrading its earnings expectations for the full year.

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7 Jul 2023 07:09

Coca-Cola lifts earnings guidance after strong June sales

(Sharecast News) - Coca-Cola HBC on Friday upgraded full year earnings guidance after a stronger than anticipated finish to the first half of the year.

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4 Jul 2023 10:43

IN BRIEF: Coca-Cola HBC CEO sells GBP280,000 in shares

Coca-Cola HBC AG - Steinhausen, Switzerland-based soft-drink bottling partner of Coca-Cola Co - Chief Executive Officer Zoran Bogdanovic sells 12,000 shares at GBP23.34, worth GBP280,088, on Friday last week.

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21 Jun 2023 11:55

IN BRIEF: Coca-Cola HBC Director Novikov sells GBP780,000 in shares

Coca-Cola HBC AG - Steinhausen, Switzerland-based soft-drink bottling partner of Coca-Cola Co - Digital Commerce Business Development Director Vitaliy Novikov sells 33,233 shares at GBP23.40 each, worth GBP777,724, in London on Tuesday.

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LONDON MARKET OPEN: Stocks falter amid weaker outlook for China

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19 Jun 2023 08:16

Coca-Cola HBC forks out USD220 million for Finlandia vodka owner

(Alliance News) - Coca-Cola HBC AG on Monday said it has agreed to acquire vodka company Brown-Forman Finland Oy for USD220 million.

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19 Jun 2023 07:53

LONDON BRIEFING: Severn Trent deal sized up by CMA; Coca-Cola HBC buys

(Alliance News) - Stocks in London are called lower on Monday, ahead of more central bank decisions, while a meeting between US Secretary of State Antony Blinken and his Chinese counterpart put relations between the two nations back under the spotlight.

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