Advertisement
UK markets closed

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • CRUDE OIL

    83.77
    +0.96 (+1.16%)
     

  • GOLD FUTURES

    2,344.60
    +6.20 (+0.27%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • Bitcoin GBP

    51,911.71
    +687.64 (+1.34%)
     

  • CMC Crypto 200

    1,398.50
    +15.93 (+1.15%)
     

  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     

  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

BUZZ-Coca-Cola HBC: Goldman Sachs cuts to "sell"

Reuters - UK Focus

** 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)