Coca-Cola Enterprises (CCE) Receives Price Target

Coca-Cola Enterprises (CCE) : Currently there are 6 street experts covering Coca-Cola Enterprises (CCE) stock. The most bullish and bearish price target for the stock is $57 and $40 respectively for the short term. The average price target of all the analysts comes to $46.08. The estimated standard deviation from the target is $5.83.

Coca-Cola Enterprises (CCE) : 9 analysts are covering Coca-Cola Enterprises (CCE) and their average rating on the stock is 2.22, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Coca-Cola Enterprises (CCE) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, Societe Generale upgrades its rating on Coca-Cola Enterprises (NYSE:CCE). Analysts at the Societe Generale have a current rating of Buy on the shares. The shares were previously rated Hold. The rating by the firm was issued on July 19, 2016.

Coca-Cola Enterprises (NYSE:CCE): The stock opened at $38.18 on Thursday but the bulls could not build on the opening and the stock topped out at $38.38 for the day. The stock traded down to $37.79 during the day, due to lack of any buying support eventually closed down at $38.34 with a loss of -0.29% for the day. The stock had closed at $38.45 on the previous day. The total traded volume was 2,411,880 shares.

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.

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