Coca-Cola European Partners (NYSE:CCE) had its target price lowered by Susquehanna Bancshares from $33.00 to $30.00 in a research note released on Monday morning, MarketBeat Ratings reports. The firm currently has a negative rating on the stock.
A number of other equities analysts have also recently issued reports on the company. Deutsche Bank started coverage on Coca-Cola European Partners in a report on Wednesday, December 13th. They set a buy rating and a $43.00 price target on the stock. Zacks Investment Research cut Coca-Cola European Partners from a buy rating to a hold rating in a report on Wednesday, January 10th. UBS Group cut Coca-Cola European Partners to a neutral rating in a report on Monday, November 13th. Finally, Macquarie cut Coca-Cola European Partners from an outperform rating to a neutral rating and set a $40.00 target price on the stock. in a report on Friday, January 5th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. Coca-Cola European Partners presently has a consensus rating of Hold and an average price target of $43.00.
Coca-Cola European Partners (CCE) opened at $37.22 on Monday. The stock has a market capitalization of $18,115.87, a P/E ratio of 16.05, a price-to-earnings-growth ratio of 1.78 and a beta of 0.82. Coca-Cola European Partners has a twelve month low of $34.36 and a twelve month high of $44.75. The company has a current ratio of 0.95, a quick ratio of 0.76 and a debt-to-equity ratio of 0.76.
Coca-Cola European Partners Company Profile
Coca-Cola Enterprises, Inc (CCE) markets, produces and distributes nonalcoholic beverages. The Company serves customers across Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. The Company’s segments include Europe and Corporate. CCE is The Coca-Cola Company’s strategic bottling partner in Western Europe.
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