The shares of Coca-Cola European Partners PLC (NYSE:CCE)currently has mean rating of 2.5 while 4 analyst have recommended the shares as ‘BUY’ ,2 recommended as ‘OUTPERFORM’ and 12 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell
The mean price target for the shares of Coca-Cola European Partners PLC (NYSE:CCE)is at $46.49 while the highest price target suggested by the analysts is $60.00 and low price target is $36.66. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.
The company’s mean estimate for sales for the current quarter ending Jun 16 is 3.43B by 4 analysts. The means estimate of sales for the year ending Dec 16 is 12.35B by 6 analysts.
The average estimate of EPS for the current fiscal quarter for Coca-Cola European Partners PLC (NYSE:CCE)stands at $0.77 while the EPS for the current year is fixed at $2.27 by 5.00 analysts
The next one year’s EPS estimate is set at 2.55 by 8.00 analysts while a year ago the analysts suggested the company’s EPS at $2.27. The analysts also projected the company’s long-term growth at 10.50% for the upcoming five years
In its latest quarter ended on 31 Mar 2016 , Coca-Cola European Partners PLC (NYSE:CCE)reported earnings of $0.41. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 2.50%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.
Coca-Cola European Partners PLC (NYSE:CCE) traded up +0.86% during trading on Friday, hitting $38.00 . The stock had a trading volume of 6.3 M shares. The firm has a 50 day moving average of $45.15 and a 200-day moving average of $48.36. The stock has a market cap of $18.38B and a price-to-earnings ratio of 26.16. On Apr 14, 2016 the shares registered one year high at $54.54 and the one year low was seen on Jun 16, 2016.
Coca-Cola European Partners Plc produces, distributes, and markets a range of nonalcoholic ready-to-drink beverages. It serves consumers across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain, and Sweden. The company was incorporated in 2015 and is headquartered in Uxbridge, United Kingdom. Coca-Cola European Partners Plc operates as a subsidiary of The Coca-Cola Company.