Coca-Cola Enterprises (CCE) has risen sharply, recording gains of 2.69% in the past 4 weeks. However, the stock has corrected -1.71% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.2% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Coca-Cola Enterprises (NYSE:CCE): The stock opened at $36.80 on Friday but the bulls could not build on the opening and the stock topped out at $37.12 for the day. The stock traded down to $36.69 during the day, due to lack of any buying support eventually closed down at $36.69 with a loss of -0.11% for the day. The stock had closed at $36.73 on the previous day. The total traded volume was 1,812,156 shares.
The stock has recorded a 20-day Moving Average of 1.14% and the 50-Day Moving Average is 1.33%. Coca-Cola European Partners Plc has dropped 5.01% during the last 3-month period . Year-to-Date the stock performance stands at 4.91%.
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 6 Wall Street Brokerage Firms. The average price target for shares are $46.08 with an expected fluctuation of $5.83 from the mean.
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.