Reliable stocks in today's share market: Coca-Cola European Partners Plc (NYSE:CCE)
- Author: Todd Kelly Feb 16, 2017,
Feb 16, 2017, 0:33
Shares of Coca-Cola European Partners PLC (NYSE:CCE) have been assigned an average recommendation of "Buy" from the sixteen ratings firms that are covering the company.
The firm has institutional ownership of 99.80%, while insider ownership included 1.90%. The company has a 1 Year high price target of $43.64. The company's stock has grown by 0.6 percent in the past 5 years. That fall sent the price at $55.02 per share as of February 14,2017 when the total trading capacity was higher compared with their three months average volume of 3M shares. Coca-Cola Company (The) had a net margin of 15.59% and a return on equity of 32.94%. During the same quarter in the previous year, the company posted $0.38 EPS.
For this year, The Coca-Cola Company (NYSE:KO) is performing -2.24%.
Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Barclays PLC increased their target price on shares of Coca Cola HBC AG from GBX 1,630 ($20.37) to GBX 1,650 ($20.62) and gave the stock an underweight rating in a research report on Monday, January 23rd. Analysts forecast that Coca-Cola Company will post $1.89 earnings per share for the current year. Maximum EPS estimate that expected in next quarter is noted at $0.6 and minimum forecasted EPS is calculated at $0.54.
The 20-day Simple Moving average for Coca-Cola European Partners Plc NYSE is measured to be 2.08% in conjunction with the 200-Day Simple Moving Average of -2.21%. The short ratio in the company's stock is documented at 2.56 and the short float is around of 0.81%. Over the past five trading sessions it is -3.27%; -0.86% for the month; -0.38% for the last quarter; -6.86% for the past six-months; and -3.49% for the last 12 months. The company has a Consensus Recommendation of 1.89, according to Thomson Reuters data. Virginia Retirement Systems ET AL now owns 347,000 shares of the company's stock valued at $13,845,000 after buying an additional 31,800 shares in the last quarter. In the last 27 earnings reports, the company has topped earnings-per-share estimates 66% percent of times. The company has a market capitalization of $173.79 billion, a PE ratio of 27.20 and a beta of 0.69. Barnett & Company Inc. now owns 2,837 shares of the company's stock valued at $120,000 after buying an additional 616 shares during the last quarter. Vetr lowered Coca-Cola Company (The) from a strong-buy rating to a buy rating and set a $45.34 price target on the stock.in a report on Wednesday, December 7th.
Some buy side analysts are also providing their Analysis on The Coca-Cola Company, where 3 analysts have rated the stock as Strong buy, 6 analysts have given a Buy signal, 13 said it's a HOLD, 2 reported it as Underperform and 0 analysts rated the stock as Sell. Now the stock is holding a "Buy" rating from 4 equity analysts. The average revenue estimate for the year ending December 2017 is $142.62B by 20 analysts. The Company's segments include Established markets, including Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland; Developing markets, including Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, and Emerging markets, including Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, FYROM, Moldova, Montenegro, Nigeria, Romania, Russian Federation, Serbia and Ukraine.
The Coca-Cola Company closed its last trading session at $40.62 with the loss of -0.22%. The Moving Average SMA50 is -2.06% while SMA200 is -4.71%.
Coca-Cola HBC AG and its subsidiaries are principally engaged in the production, sales and distribution of non-alcoholic ready to drink beverages, under franchise from The Coca-Cola Company.
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