Analyst Rating Update on Coca-Cola Enterprises (CCE)

Coca-Cola Enterprises (CCE) : The consensus on Coca-Cola Enterprises (CCE) based on 12 analyst recommendation on the company stock is 2.75, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold 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. 8 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 (CCE) : The most positive equity analysts on Coca-Cola Enterprises (CCE) expects the shares to touch $57, whereas, the least positive believes that the stock will trade at $40 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $47.21 with an expected fluctuation of $6.11 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Coca-Cola Enterprises (NYSE:CCE): The stock opened at $36.84 on Wednesday but the bulls could not build on the opening and the stock topped out at $36.84 for the day. The stock traded down to $36.49 during the day, due to lack of any buying support eventually closed down at $36.63 with a loss of -1.03% for the day. The stock had closed at $37.01 on the previous day. The total traded volume was 1,349,954 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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