Coca Cola HBC AG with ticker (LON:CCH) now has a potential upside of 28.7% according to JP Morgan.
JP Morgan set a target price of 2,900 GBX for the company, which when compared to the Coca Cola HBC AG share price of 2,067 GBX at opening today (24/02/2022) indicates a potential upside of 28.7%. Trading has ranged between 22 (52 week low) and 2,094 (52 week high) with an average of 961,035 shares exchanging hands daily. The market capitalisation at the time of writing is £7,618,983,234.
Coca Cola HBC AG is a Switzerland-based bottler of Coca-Cola products. 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, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine. The Company produces, sells and distributes beverage brands. The Company markets Coca-Cola, Coca-Cola Zero, Coca-Cola Light, Fanta and Sprite, as well as water, juice and energy drinks.
Coca Cola HBC AG 28.7% potential upside indicated by JP Morgan
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- Written by: Charlotte Edwards
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Coca-Cola HBC AG announces its Q1 2024 trading update, showcasing strong organic revenue growth driven by strategic priorities. Read on for highlights.