Coca-Cola HBC AG Regional Director Sells Shares

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

Coca-Cola HBC AG announced that Frank O’Donnell, a regional director and person discharging managerial responsibilities, sold 20,935 ordinary shares of the company. The shares were sold at a price of GBP 38.898452 each, resulting in a net amount of approximately GBP 811,692. This transaction was conducted in compliance with the UK and EU Market Abuse Regulations, reflecting the company’s adherence to regulatory standards.

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 Coca-Cola products, operating in the non-alcoholic beverage industry. The company is responsible for producing and distributing a wide range of Coca-Cola branded drinks across various markets.

Average Trading Volume: 970,280

Technical Sentiment Signal: Buy

Current Market Cap: £14.14B

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