Coca-Cola HBC (LON:CCH) Investors: JP Morgan Cazenove Maintains “Neutral” Rating, Sees GBX 2400.00/Share; Tidewater (TDW) Sellers Increased By 10.54% Their Shorts

London: In a research report issued to investors and clients on 17 January, JP Morgan Cazenove reaffirmed their “Neutral” rating on shares of Coca-Cola HBC (LON:CCH). They currently have a GBX 2400.00 target price per share on the company. JP Morgan Cazenove’s target would suggest a potential upside of 2.92% from the company’s last stock close.

Tidewater Incorporated (NYSE:TDW) had an increase of 10.54% in short interest. TDW’s SI was 411,200 shares in January as released by FINRA. Its up 10.54% from 372,000 shares previously. With 185,000 avg volume, 2 days are for Tidewater Incorporated (NYSE:TDW)’s short sellers to cover TDW’s short positions. The SI to Tidewater Incorporated’s float is 0.88%. The stock decreased 4.06% or $1.17 during the last trading session, reaching $27.63. About 139,842 shares traded or 0.73% up from the average. Tidewater Inc. (NYSE:TDW) has declined 87.52% since January 17, 2017 and is downtrending. It has underperformed by 104.22% the S&P500.

Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages under bottlers' arrangements, franchise agreements, and under its own brand names. The company has market cap of 8.54 billion GBP. The firm offers sparkling, still, and water beverages, including waters and flavored waters, juices and juice drinks, sports and energy drinks, teas, and coffees. It has a 17.76 P/E ratio. It markets and sells its products under the Coca-Cola, Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Amita, Avra, Deep RiverRock, Fruice brand names; and iced tea, and sports and energy drinks under the Nestea and Monster brand names, as well as distributes third-party products, such as beer and premium spirits.

The stock decreased 0.17% or GBX 4 during the last trading session, reaching GBX 2332. About 41,250 shares traded. Coca-Cola HBC AG (LON:CCH) has 0.00% since January 17, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 14 analysts covering Coca-Cola HBC (LON:CCH), 4 have Buy rating, 3 Sell and 7 Hold. Therefore 29% are positive. Coca-Cola HBC has GBX 2900 highest and GBX 1 lowest target. GBX 2296.08’s average target is -1.54% below currents GBX 2332 stock price. Coca-Cola HBC had 121 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was upgraded by JP Morgan to “Overweight” on Tuesday, July 19. JP Morgan maintained Coca-Cola HBC AG (LON:CCH) rating on Tuesday, May 3. JP Morgan has “Neutral” rating and GBX 1450 target. JP Morgan maintained Coca-Cola HBC AG (LON:CCH) rating on Monday, February 22. JP Morgan has “Neutral” rating and GBX 1450 target. The firm has “Hold” rating by Deutsche Bank given on Monday, February 1. The stock of Coca-Cola HBC AG (LON:CCH) has “Add” rating given on Monday, May 16 by Numis Securities. As per Tuesday, February 23, the company rating was upgraded by Numis Securities. The stock of Coca-Cola HBC AG (LON:CCH) has “Hold” rating given on Thursday, February 16 by Shore Capital. The firm has “Hold” rating given on Tuesday, November 8 by Numis Securities. The stock has “Outperform” rating by BNP Paribas on Wednesday, July 19. On Thursday, November 5 the stock rating was maintained by Barclays Capital with “Equal Weight”.