Impact of Brokerage Rating on Coca-Cola European Partners PLC(CCE)

Many Coca-Cola European Partners PLC(CCE) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Upgraded by UBS on Jan 11, 2017 to Buy, Raises Price Target to $ 38 from a previous price target of $35 .Coca-Cola Enterprises Inc was Initiated by Barclays on Jan 9, 2017 to Overweight, Price Target of the shares are set at $36.Coca-Cola Enterprises Inc was Upgraded by CLSA to Buy on Dec 16, 2016. Coca-Cola Enterprises Inc was Downgraded by Stifel to Hold on Dec 6, 2016.

Company has reported several Insider transactions to the SEC, on Mar 3, 2016, John Brock (Chairman and CEO) sold 590,779 shares at 48.64 per share price.On Jul 14, 2015, Calvin Darden (director) sold 12,399 shares at 45.00 per share price.On May 4, 2015, Suzanne D Patterson (VP, Controller & CAO) sold 3,312 shares at 45.96 per share price.

Coca-Cola Enterprises Inc Last issued its quarterly earnings results on Nov 10, 2016. The company reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.63. The company had revenue of $2986.00 million for the quarter, compared to analysts expectations of $2913.90 million. The companys revenue was down -.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.84 EPS.

Coca-Cola European Partners plc (NYSE:CCE) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.89 by 9 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.

Coca-Cola European Partners plc (NYSE:CCE): The mean short term price target for Coca-Cola European Partners plc (NYSE:CCE) has been established at $38.33 per share. The higher price target estimate is at $47 and the lower price target estimate is expected at $33 according to 6 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $4.84

Coca-Cola European Partners plc (NYSE:CCE) witnessed a decline in the market cap on Tuesday as its shares dropped 0.31% or 0.11 points. After the session commenced at $35.11, the stock reached the higher end at $35.15 while it hit a low of $34.84. With the volume soaring to 923,068 shares, the last trade was called at $35.09. The company has a 52-week high of $54.54. The company has a market cap of $16,933 million and there are 482,551,980 shares in outstanding. The 52-week low of the share price is $30.55.

Coca-Cola European Partners PLC is a consumer packaged goods company. It is engaged in producing, distributing and marketing nonalcoholic ready-to-drink beverages. It operates primarily in Andorra, Belgium, continental France, Germany, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain and Sweden. Coca-Cola European Partners PLC, formerly known as Coca-Cola Enterprises Inc., is headquartered in Uxbridge, United Kingdom.


Share this post

Leave a Reply