CCEP has been the subject of a number of other research reports. Barclays set a $61.00 price objective on Coca-Cola European Partners and gave the stock a buy rating in a research report on Friday, October 25th. Deutsche Bank reiterated a buy rating and set a $65.00 target price (up previously from $62.00) on shares of Coca-Cola European Partners in a report on Tuesday, October 15th. Evercore ISI reiterated a buy rating and set a $60.00 target price on shares of Coca-Cola European Partners in a report on Thursday, August 8th. Liberum Capital assumed coverage on Coca-Cola European Partners in a research report on Thursday, September 19th. They set a buy rating on the stock. Finally, Zacks Investment Research lowered Coca-Cola European Partners from a hold rating to a sell rating in a research report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $58.80.
Shares of NYSE:CCEP traded up $0.15 during midday trading on Friday, hitting $51.29. 1,242,268 shares of the stock were exchanged, compared to its average volume of 1,169,129. The stock has a market cap of $25.18 billion, a P/E ratio of 18.86, a PEG ratio of 2.06 and a beta of 0.41. The company has a 50 day moving average price of $55.44 and a 200-day moving average price of $55.74. Coca-Cola European Partners has a twelve month low of $44.44 and a twelve month high of $58.94. The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 0.90.
About Coca-Cola European Partners
Coca-Cola European Partners plc, together with its subsidiaries, produces, markets, distributes, and sells a range of nonalcoholic ready-to-drink beverages. The company offers sparkling flavors, energy drinks, juices, isotonics, and other drinks, as well as water. It provides its products primarily under the Coca-Cola, Fanta, and Sprite brands, as well as Coca-Cola Zero Sugar, Mezzo Mix, Schweppes, Royal Bliss, Fïnle, Monster, GLACÉAU Smartwater, Vio, Chaudfontaine, Fuze Tea, Honest Coffee, Oasis, Capri-Sun, Honest, and Tropico brands.
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