Broker tips: Centamin, Coca-Cola HBC

4th May 2023 08:44

(Sharecast News) - Analysts at Berenberg reiterated their 'buy' recommendation and 145p target price for shares of gold miner Centamin following an exploration roundtable with company management the day before.

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Revenue rises 22pc in Coca-Cola HBC's first quarter

3rd May 2023 10:35

(Sharecast News) - Beverage bottler Coca-Cola HBC reported "consistent execution" of its '24/7' strategy in an update on Wednesday, resulting in first quarter organic revenue growth of 22.2%, excluding Russia and Ukraine.

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Coca-Cola HBC posts strong set of 2022 results

14th Feb 2023 07:23

(Sharecast News) - Coca-Cola HBC, a bottling partner of the US-based Coca-Cola Company, reported a "strong" set of results for the year ended 31 December on Tuesday.

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Citi stays at neutral for CCH, cites lower multiple for Russia profits

9th Nov 2022 11:55

(Sharecast News) - Analysts at Citi kept their recommendation for shares of Coca-Cola HBC at 'neutral'.

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Coca-Cola HBC raises earnings outlook after strong summer

8th Nov 2022 07:46

(Sharecast News) - Soft drinks bottler Coca-Cola HBC raised full year earnings guidance on Tuesday as it reported a boost to revenue from rising prices in the third quarter.

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Citi hikes target on CCH but stays at 'neutral' on limited visibility for 2023

15th Aug 2022 11:15

(Sharecast News) - Analysts at Citi hailed Coca Cola HBC's first half numbers, hiking their target price for the shares in the process.

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Deutsche Bank hikes target price on Coca-Cola HBC

12th Aug 2022 15:54

(Sharecast News) - Analysts at Deutsche Bank raised their target price on bottling company Coca-Cola HBC from 2,525.0p to 2,600.0p on Friday, stating the stock was "still going cheap" despite recent strong growth.

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Coca-Cola HBC H1 profits drop despite revenue growth

11th Aug 2022 07:52

(Sharecast News) - Bottling group Coca-Cola HBC said on Thursday that revenues had grown in the six months ended 1 July but contracting margins had led to a drop in interim profits.

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Coca-Cola HBC to acquire ESM Effervescent Sodas

9th Aug 2022 07:07

(Sharecast News) - Beverage company Coca-Cola Hellenic Bottling has agreed to acquire ESM Effervescent Sodas from Greece's IDEAL Holdings' wholly-owned SICC Holdings subsidiary.

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Deutsche Bank raises target price on Coca-Cola Hellenic

13th Jul 2022 09:37

(Sharecast News) - Analysts at Deutsche Bank raised their target price on Coca-Cola Hellenic from 2,475.0p to 2,525.0p on Wednesday, stating they were expecting "another solid release" from the firm.

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Jefferies ups Coca-Cola HBC to 'buy'

13th May 2022 12:07

(Sharecast News) - Jefferies upgraded Coca-Cola HBC to 'buy' from 'hold' on Friday and lifted the price target to 2,000p from 1,800p, as it said that although there is still no visibility on the endgame for Russia/Ukraine, it has more confidence in the underlying earnings prospects of the business.

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Coca-Cola HBC weighing all options on Russia business

12th May 2022 09:31

(Sharecast News) - Bottling firm Coca-Cola HBC said it was evaluating all options for its Russian operations and would have a smaller presence in the country after the US drinks company Coca-Cola suspended operations in response to the invasion of Ukraine.

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Coca-Cola HBC pulls guidance after Ukraine invasion

3rd Mar 2022 10:08

(Sharecast News) - Drinks bottler Coca-Cola HBC pulled its guidance for the year in response to the Ukraine situation on Thursday, adding that it was in "constant contact" with its staff in both Ukraine and Russia.

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Coca-Cola HBC tops profit expectations as volume surges

22nd Feb 2022 07:35

(Sharecast News) - Drinks bottler Coca-Cola HBC reported a 13% improvement in volume in its 2021 results on Tuesday, to 2.41 billion unit cases, as net sales revenue improved 16.9% to €7.17bn (£5.98bn).

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Coca-Cola HBC sees 'sharp acceleration' on pre-Covid revenue

3rd Nov 2021 08:01

(Sharecast News) - Drinks bottler Coca-Cola HBC reported 17.1% currency-neutral revenue growth in its third quarter on Wednesday, and a "sharp acceleration" on a two-year basis, closing 16.8% higher than the third quarter of 2019, pre-pandemic, or 8.9% ahead year-to-date on a like-for-like basis.

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