Coca-Cola Enterprises (NYSE:CCE) : 8 Wall Street analysts covering Coca-Cola Enterprises (NYSE:CCE) believe that the average level the stock could reach for the short term is $46.31. The maximum price target given is $57 and the minimum target for short term is around $40, hence the standard deviation is calculated at $6.2.
Coca-Cola European Partners Plc has lost 5.26% in the last five trading days and dropped 9.09% in the last 4 weeks. Coca-Cola European Partners Plc has dropped 2.99% during the last 3-month period . Year-to-Date the stock performance stands at 2.05%. Also, Brokerage firm Deutsche Bank reinstates its rating on Coca-Cola Enterprises (NYSE:CCE). In a research note issued to the investors, the brokerage major announces price-target of $47 per share.The shares have been rated Buy. The rating by the firm was issued on June 10, 2016.
Coca-Cola Enterprises (NYSE:CCE) : The consensus on Coca-Cola Enterprises (NYSE:CCE) based on 13 analyst recommendation on the company stock is 2.77, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Coca-Cola Enterprises (NYSE:CCE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.26 and $35.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.69, notching a gain of 2.35% for the day. The total traded volume was 4,068,092 . The stock had closed at $34.87 on the previous day.
In an insider trading activity, The Securities and Exchange Commission has divulged that Brock John, director officer (Chairman and CEO) of Coca-Cola Enterprises, Inc., had unloaded 590,779 shares at an average price of $48.64 in a transaction dated on March 1, 2016. The total value of the transaction was worth $28,735,491.
Coca-Cola Enterprises, Inc. (CCE) markets, produces and distributes non-alcoholic beverages. The Company serves a market of approximately 170 million consumers throughout Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. The Company is The Coca-Cola Companys (TCCC) bottling partner in Western Europe. The Company has bottling rights within its territories for various beverage brands, including products with the name Coca-Cola. The Company purchases concentrates and syrups from TCCC and other licensors to manufacture products. In addition, it purchases sweeteners, juices, mineral waters, finished product, carbon dioxide, fuel, PET (plastic) preforms, glass, aluminum and plastic bottles, aluminum and steel cans, pouches, closures, post-mix, and packaging materials. The Companys beverage portfolio includes Coca-Cola, Diet Coke/Coca-Cola light, Coca-Cola Zero, Fanta and Capri-Sun, among others.