Coca-Cola Enterprises Inc (NYSE:CCE) a Buy or a Sell? What does Macquarie Research Think?

September 17, 2017 - By Linda Rogers

 Coca Cola Enterprises Inc (NYSE:CCE) a Buy or a Sell? What does Macquarie Research Think?

Investors sentiment increased to 0.5 in 2016 Q4. Its up 0.36, from 0.14 in 2016Q3. It increased, as 2 investors sold Coca-Cola European Partners plc Ordinary Shares shares while 0 reduced holdings. 0 funds opened positions while 1 raised stakes. 54,762 shares or 24.00% less from 72,056 shares in 2016Q3 were reported.

Focused Wealth Inc owns 1,108 shares or 0.01% of their US portfolio. Ar Asset Management reported 27,000 shares or 0.36% of all its holdings. Green Square Ltd Llc has 0.17% invested in Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE).

How Macquarie Research Currently Rates Coca-Cola Enterprises Inc (NYSE:CCE)

Macquarie Research has begun its coverage on Coca-Cola Enterprises Inc (NYSE:CCE), today 15 September. The financial firm finds the stock of Coca-Cola Enterprises Inc (NYSE:CCE) attractive and has given it “Outperform” rating.

Investors sentiment increased to 0.5 in 2016 Q4. Its up 0.36, from 0.14 in 2016Q3. It increased, as 2 investors sold Coca-Cola European Partners plc Ordinary Shares shares while 0 reduced holdings. 0 funds opened positions while 1 raised stakes. 54,762 shares or 24.00% less from 72,056 shares in 2016Q3 were reported.

Focused Wealth Inc owns 1,108 shares or 0.01% of their US portfolio. Ar Asset Management reported 27,000 shares or 0.36% of all its holdings. Green Square Ltd Llc has 0.17% invested in Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE).

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

Among 24 analysts covering Coca-Cola Enterprises Inc. (NYSE:CCE), 10 have Buy rating, 2 Sell and 12 Hold. Therefore 42% are positive. Coca-Cola Enterprises Inc. has $60 highest and $36 lowest target. $49.20’s average target is 18.61% above currents $41.48 stock price. Coca-Cola Enterprises Inc. had 56 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was downgraded by HSBC on Friday, August 7 to “Hold”. The rating was initiated by Goldman Sachs with “Buy” on Tuesday, May 31. The rating was downgraded by Citigroup on Monday, May 1 to “Neutral”. The firm has “Underperform” rating by Credit Agricole given on Thursday, August 13. The stock of Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) earned “Hold” rating by Gabelli on Friday, August 7. ABN Amro maintained the stock with “Sell” rating in Monday, May 1 report. On Monday, October 10 the stock rating was downgraded by Goldman Sachs to “Neutral”. The firm earned “Buy” rating on Friday, June 10 by Deutsche Bank. The firm earned “Buy” rating on Wednesday, August 26 by Zacks. CLSA maintained the shares of CCE in report on Wednesday, June 1 with “Outperform” rating.

The stock increased 1.49% or $0.61 on September 15, reaching $41.48. About 1.61 million shares traded or 23.85% up from the average. Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) has risen 10.75% since September 17, 2016 and is uptrending. It has underperformed by 5.95% the S&P500.

Analysts expect Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) to report $0.79 EPS on November, 9.They anticipate $0.05 EPS change or 6.76 % from last quarter’s $0.74 EPS. CCE’s profit would be $382.62M giving it 13.13 P/E if the $0.79 EPS is correct. After having $0.74 EPS previously, Coca-Cola European Partners plc Ordinary Shares’s analysts see 6.76 % EPS growth.

More recent Coca-Cola European Partners plc Ordinary Shares (NYSE:CCE) news were published by: Businesswire.com which released: “Coca-Cola European Partners Plc – Results of 2017 Annual General Meeting” on June 22, 2017. Also Businesswire.com published the news titled: “Coca-Cola European Partners: Notification of Major Interest in Shares” on December 28, 2016. Businesswire.com‘s news article titled: “Coca-Cola Enterprises, Inc. Announces Approval of Prospectus Prepared by Coca …” with publication date: May 25, 2016 was also an interesting one.

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