Published On: Wed, Oct 19th, 2016

Numis Indicates Potential -0.71% Decrease In Shares Of Coca-cola Hbc Ag (cdi)

On Wednesday numis reiterated its broker consensus on shares of Coca-cola Hbc Ag (cdi) (LON:CCH) giving the company a ‘Hold’ rating.

numis gave shares of Coca-cola Hbc Ag (cdi) a price target of 1824 indicating a potential decrease of -0.71% from Coca-cola Hbc Ag (cdi)’s current price of 1837.


In the prior 12 months Coca-cola Hbc Ag (cdi)’s stock price has increased by 24.37% from 1477.06 to 1837.

Coca-cola Hbc Ag (cdi) has 364,869,000 shares in issue which have a share price of 1837 giving Coca-cola Hbc Ag (cdi) a market capitalisation of 6.70B GBp .

The 52 week high of Coca-cola Hbc Ag (cdi)’s shares is 1889 whilst the 52 week low for the company’s shares is 1250. The 50 day moving average of LON:CCH is 1734.57 and the 200 day moving average is 1541.94.

Coca-Cola HBC AG and its subsidiaries are principally engaged in the production, sales and distribution of non-alcoholic ready to drink beverages, under franchise from The Coca-Cola Company. The Company’s segments include Established markets, including Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland; Developing markets, including Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, and Emerging markets, including Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, FYROM, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine. The Company distributes its products in approximately 30 countries in Europe and Nigeria. It is a bottler of the brands of The Coca-Cola Company. The Company produces, sells and distributes beverage brands. The Company’s brand Coca-Cola products include Coca-Cola, Coca-Cola Zero and Coca-Cola Light brands.