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Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) has been downgraded to Hold in a statement by BidaskClub earlier today.

BidaskClub has downgraded Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) to Hold in a report released on 6/20/2017.

On 5/25/2017, Argus reported about Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) raised the target price from $44.00 to $46.00 that suggested an upside of 0.11%.

Yesterday Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) traded 1.49% higher at $40.75. Coca-Cola European Partners plc Ordinary Shares’s 50-day moving average is $43.15 and its two hundred day average is $40.18. With the last close up 3.25% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the date range. Volume of trade was up over the average, with 1,614,157 shares of CCE changing hands over the typical 1,044,600

Recent Performance Chart

Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE)

Coca-Cola European Partners plc Ordinary Shares has price-earnings ratio of 21.64 with a one year low of $30.55 and a 52 week high of $44.75 and has a market cap of $0.

In addition to BidaskClub reporting its stock price target, a total of 16 analysts have released a report on Coca-Cola European Partners plc Ordinary Shares. The 12-month price target is $47.96 with 2 brokerages rating the stock a strong buy, 2 brokerages rating the company a buy, thirteen equity analysts rating the company a hold, zero analysts rating the company a underperform, and lastly one analyst rating the company a sell.

About Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE)

Coca-Cola European Partners plc (Orange) is an independent Coca-Cola bottler. The Company is formed to act as the holding company for the group to be formed by the combination of White, a company that owns the Coca-Cola bottling operations in Great Britain, continental France, Monaco, Belgium, Luxembourg, the Netherlands, Sweden and Norway; Olive, a company that owns the Coca-Cola bottling operations in Spain, Portugal and Andorra, and Black, a company that owns the Coca-Cola bottling operations in Germany (the Combination). The Company's segments are Europe and Corporate. White is The Coca-Cola Company (TCCC)'s bottling partner in Western Europe and is an independent Coca-Cola bottler. Olive is TCCC's bottling partner for Spain, Portugal and Andorra, and operates in these territories under product bottling and distribution agreements with TCCC. Black is an indirect subsidiary of TCCC, and is TCCC's bottling partner in Germany. Orange is a subsidiary of Olive HoldCo.

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