[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 3 sources · 11 days · First seen · Last updated

Coca-Cola HBC financial outlook and stock analysis

Overview

Financial institutions have issued positive outlooks and raised target prices for Coca-Cola HBC, citing strong growth prospects.

In early October, Deutsche Bank and UBS predicted approximately 8.5% organic sales growth for the third quarter, maintaining ‘Buy’ ratings. Deutsche Bank specifically highlighted the company’s diverse geographic footprint, noting anticipated growth in markets including Nigeria, Egypt, Italy, and Russia.

Following this, Eurobank Equities increased its target price for the company to €61.70 from €59.50 while maintaining a ‘Buy’ rating. This adjustment was attributed to strong first-half performance, upgraded management guidance, and the strategic importance of the acquisition of Coca-Cola Beverages Africa (CCBA) to expand geographic reach.

Entities

Coca-Cola HBC · Athens International Airport · Coca-Cola Beverages Africa · Deutsche Bank · Eurobank Equities

Timeline

  1. [BUSINESS] 2 sources
    Eurobank Equities raises target prices for AIA and Coca-Cola HBC

    Eurobank Equities has raised target prices for Athens International Airport to €11.60 and Coca-Cola HBC to €61.70, citing strong performance and strategic expansions.

  2. [BUSINESS] 2 sources
    Coca-Cola HBC sees strong growth forecasts from Deutsche Bank and UBS

    Deutsche Bank and UBS maintain ‘Buy’ ratings for Coca-Cola HBC, forecasting strong third-quarter organic sales growth of approximately 8.5% driven by diverse global markets.

Sources

insider.gr · mononews.gr · ot.gr