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Home / Momentum / Coca-Cola HBC AG (CCH.L) 07-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Coca-Cola HBC AG (CCH.L) 07-02-20

Will shares in Coca-Cola HBC AG (CCH.L) continue to rally, setting new recent highs?

 

  • Now trading at 2829p (at time of writing), the share price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Could this be the ideal opportunity for momentum traders?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -8% from 12-month highs; +23% from 12 month lows.

Latest News

16 Jan:  Deutsche Bank reiterates its buy rating on Coca-Cola HBC (CCH) and increased the target price to 3100p (from 3000p).

15 Jan:  JP Morgan Cazenove reiterates its overweight rating on Coca-Cola HBC (CCH) and increased the target price to 2900p (from 2800p).

18 Dec:  Zoran Bogdanovic, Chief Executive Officer, bought 216 shares within the firm on the 18th December 2019 at a price of 2510.87p. This Director currently has 1,273 shares.

10 Dec:  JP Morgan Cazenove reiterates its overweight rating on Coca-Cola HBC (CCH) and increased the target price to 2800p (from 2700p).

27 Nov:  Credit Suisse reiterates its outperform rating on Coca-Cola HBC (CCH) and increased the target price to 3050p (from 3000p).

19 Nov:  Michalis Imellos, Director, bought 93 shares within the firm on the 18th November 2019 at a price of 2450.78p. This Director currently has 8,966 shares.

19 Nov:  Zoran Bogdanovic, Chief Executive Officer, bought 225 shares within the firm on the 19th November 2019 at a price of 2450.78p. This Director currently has 12,515 shares.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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