Coca-Cola Enterprises (CCE) : Traders are bullish on Coca-Cola Enterprises (CCE) as it has outperformed the S&P 500 by a wide margin of 3.65% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.85%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.18% in the last 1 week, and is up 3.43% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.11% and the fifty day Moving Average is 4.24%. Coca-Cola European Partners Plc is up 4.21% in the last three month period. Year-to-Date the stock performance stands at 10.4%.
Coca-Cola Enterprises (CCE) : 6 investment research analysts covering Coca-Cola Enterprises (CCE) have an average price target of $46.08 for the near short term. The highest target price given by the Brokerage Firm to the stock is $57 and the lowest target is $40 for the short term. Analysts expect the variance to be within $5.83 of the average price.
Coca-Cola Enterprises (NYSE:CCE): stock turned positive on Friday. Though the stock opened at $38.75, the bulls momentum made the stock top out at $39.38 level for the day. The stock recorded a low of $38.565 and closed the trading day at $38.61, in the green by 0.49%. The total traded volume for the day was 4,519,382. The stock had closed at $38.42 in the previous days trading.
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.