Coca-Cola HBC AG PDMRs Acquire Shares Through ESPP

The latest announcement is out from Coca Cola HBC ( (GB:CCH) ).

Coca-Cola HBC AG announced that several Persons Discharging Managerial Responsibilities (PDMRs) have acquired ordinary shares through the company’s Employee Share Purchase Plan (ESPP). This initiative allows PDMRs to purchase shares with contributions from both the individuals and the company, reflecting a commitment to align the interests of management with shareholders and potentially enhancing stakeholder confidence in the company’s governance and future performance.

The most recent analyst rating on (GB:CCH) stock is a Hold with a £29.20 price target. To see the full list of analyst forecasts on Coca Cola HBC stock, see the GB:CCH Stock Forecast page.

Spark’s Take on GB:CCH Stock

According to Spark, TipRanks’ AI Analyst, GB:CCH is a Outperform.

Coca Cola HBC’s strong financial performance and positive earnings call are the most significant factors supporting its stock score. Although the technical analysis indicates potential for a short-term pullback, the company’s strategic initiatives and valuation metrics provide a balanced outlook.

To see Spark’s full report on GB:CCH stock, click here.

More about Coca Cola HBC

Coca-Cola HBC AG is a leading bottler of The Coca-Cola Company, operating in the non-alcoholic beverage industry. The company produces and distributes a wide range of beverages, including sparkling drinks, juices, and water, across multiple markets.

Average Trading Volume: 963,000

Technical Sentiment Signal: Buy

Current Market Cap: £14.24B

See more data about CCH stock on TipRanks’ Stock Analysis page.