BUZZ-Coca-Cola HBC: Goldman Sachs cuts to "sell"
** Drinks bottler's shares down 2.5 pct, among top losers on bluechip FTSE-100 after Goldman Sachs (NYSE: GS-PB - news) analysts cut rating on stock to "sell" from "hold", PT to 1080p from 1133p
** Goldman says consumer environment in Russia and Nigeria remains subdued while focus on wellness in established markets is dimming demand for aerated drinks
** Analysts say operating margins will not reach the long-term 10 pct target
** Stock top loser on Stoxx 600 Food and Beverages Index , with a third of its 30 day avg volumes going through in the first 90 minutes of trade
** Stock's 12-month forward P/E ratio is at a 14.3 pct premium to the median of its peers, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)