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

November 23, 2012 10:56 AM EST Send to a Friend
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Price: $23.33 --0%

Rating Summary:
    3 Buy, 7 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 38 | New: 13
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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.

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