Goldman Sachs Downgrades Coca-Cola Hellenic Bottling (CCH) to Neutral

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Goldman Sachs downgraded Coca-Cola Hellenic Bottling (NYSE: CCH) from Buy to Neutral following recent outperformance.

The firm notes that since May the stock is up 58%. They believe the company's decision to relocate management to Switzerland and list in London was a partial driver of the positive share price momentum.

For an analyst ratings summary and ratings history on Coca-Cola Hellenic Bottling click here. For more ratings news on Coca-Cola Hellenic Bottling click here.

Shares of Coca-Cola Hellenic Bottling closed at $22.47 yesterday, with a 52 week range of $14.30-$23.64.

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