Coca-Cola HBC AG (CCH.L), a key player in the Consumer Defensive sector, stands as a formidable entity within the Beverages – Non-Alcoholic industry. With a substantial market cap of $17.35 billion, this Switzerland-based company holds a significant footprint in the global beverage market. The company is renowned for producing, selling, and distributing a broad array of non-alcoholic ready-to-drink beverages across diverse regions, including Switzerland, Ireland, Central and Eastern Europe, and Nigeria.

At a current price of 4,774 GBp, Coca-Cola HBC AG has reached the upper limit of its 52-week range (3,306.00 – 4,774.00). However, despite this upward movement, investors should note the calculated potential downside of -4.88%…