Coca-Cola HBC (OTCMKTS:CCHGY) Upgraded by JPMorgan Chase & Co. to “Overweight” Rating

JPMorgan Chase & Co. upgraded shares of Coca-Cola HBC (OTCMKTS:CCHGY) from a neutral rating to an overweight rating in a research report sent to investors on Wednesday, Marketbeat reports.

A number of other equities research analysts also recently commented on the stock. Evercore ISI upgraded shares of Coca-Cola HBC to a “hold” rating in a research report on Thursday, October 3rd. Citigroup upgraded shares of Coca-Cola HBC to a “hold” rating in a research report on Thursday, October 3rd. Finally, Barclays raised shares of Coca-Cola HBC to a “strong-buy” rating in a research note on Thursday, October 3rd.

Coca-Cola HBC Price Performance

OTCMKTS:CCHGY opened at $35.39 on Wednesday. The business’s fifty day moving average price is $35.65 and its 200 day moving average price is $35.45. Coca-Cola HBC has a 12 month low of $27.39 and a 12 month high of $37.58.

Coca-Cola HBC Company Profile

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.