Breaking Finance News

TheStreet upgraded Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) to Buy in a report released today.

Yesterday Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) traded 0.02% higher at $40.23. The company’s 50-day moving average is $38.90 and its 200-day moving average is $43.64. The last closing price is down -7.82% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 3,149,435 shares of the stock traded hands, up from an average trading volume of 2,834,240

TheStreet has upgraded Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) to Buy in a report released on 09/22/2016.

See Chart Below

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

Coca-Cola European Partners plc Ordinary Shares has a 52 week low of $33.67 and a 52 week high of $54.54 with a P/E ratio of 27.94 The company’s market cap is currently $0.

In addition to TheStreet reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is $47.96 with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 13 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *