Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Coca Cola HBC ( (GB:CCH) ) just unveiled an announcement.
Coca-Cola HBC AG has announced the replacement of its existing EUR 800 million Syndicated Multi-Currency Revolving Credit Facility with a new EUR 1.2 billion facility, extending the term to five years with an option for an additional two years. This new facility, which is sustainability-linked, is expected to support the company’s general corporate purposes and reflects its commitment to sustainable growth, potentially strengthening its financial flexibility and market position.
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 demonstrates strong overall performance, driven by robust financial health and positive earnings call outcomes. Technical indicators support a bullish outlook, though valuation metrics suggest moderate attractiveness. Strategic initiatives and market gains further bolster confidence, facing challenges with inflation and emerging market conditions.
To see Spark’s full report on GB:CCH stock, click here.
More about Coca Cola HBC
Coca-Cola HBC is a consumer packaged goods company and a strategic bottling partner of The Coca-Cola Company. It aims to be a leading 24/7 beverage partner, offering a wide range of drinks across 29 countries, serving 750 million consumers. The company is recognized for its strong portfolio, including brands like Coca-Cola, Fanta, Sprite, and Costa Coffee, and is committed to sustainability and socio-economic development.
Average Trading Volume: 904,777
Technical Sentiment Signal: Buy
Current Market Cap: £14.29B
See more insights into CCH stock on TipRanks’ Stock Analysis page.