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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: 2,638.00
Bid: 2,636.00
Ask: 2,640.00
Change: 36.00 (1.38%)
Spread: 4.00 (0.152%)
Open: 2,622.00
High: 2,638.00
Low: 2,614.00
Prev. Close: 2,602.00
CCH Live PriceLast checked at -

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Numis takes cautious stance at Coca-Cola HBC

Tue, 06th May 2014 13:11

There is 'much to like' with bottling firm Coca-Cola HBC (CCH), according to Numis Securities, but not enough for the broker to take a positive stance ahead of the company's first-quarter update on May 16th.Numis has initiated coverage of the stock with a 'hold' rating and 1,428p target price."Much to like here but it is pointless being bold as regards forecasts at this early stage of the year and with geopolitical uncertainties currently so prominent. For non-holders, a watching brief is best maintained for now," said analyst Charles Pick.He said that the first quarter is a "poor guide" for the rest of CCH's financial year - accounting for just 21% of sales in 2013 - "especially as order book visibility is so limited".Therefore, next week's update will likely focus on foreign exchange (FX) issues with adverse FX to cost CCH "vastly more" this year than in 2013. Pick estimates that FX is likely to have a €70m adverse impact on 2014 results, compared with just a €32m hit last year.Meanwhile, he said: "Worries over Russian and Ukraine exposures (18.8% and 3.8% of 2013 volume, respectively) have been discounted, but remain major negatives."The stock was nearly 3% lower at 1,436p by 13:19 on Tuesday.BC
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15 Feb 2023 08:59

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

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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

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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
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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(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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