Will Investors Now Buy Coca-Cola European Partners (CCE) Stock Following Today’s, Wells Fargo Upgrades?

September 15, 2018 - By Jeanette Kaplan

Coca-Cola European Partners plc (NYSE:CCE) Logo

Investors sentiment decreased to 0.67 in 2018 Q2. Its down 2.33, from 3 in 2018Q1. It worsened, as 2 investors sold Coca-Cola European Partners plc shares while 1 reduced holdings. 2 funds opened positions while 0 raised stakes. 58,565 shares or 0.60% less from 58,919 shares in 2018Q1 were reported.

Green Square Cap Limited Liability accumulated 25,100 shares. Whittier Tru holds 0% of its portfolio in Coca-Cola European Partners plc (NYSE:CCE) for 710 shares. Whittier Trust Communication Of Nevada stated it has 0% in Coca-Cola European Partners plc (NYSE:CCE). 5,000 were reported by Prudential Public Ltd. Ar Asset Mngmt holds 0.43% or 27,000 shares.

Coca-Cola European Partners (CCE) Stock Upgrade

Coca-Cola European Partners (CCE) was increased by Wells Fargo from a “Market Perform” rating to a solid “Outperform” rating in an analyst note published on Friday morning.

The stock increased 0.33% or $0.15 during the last trading session, reaching $45.5. About 1.82 million shares traded or 42.71% up from the average. Coca-Cola European Partners plc (CCE) has risen 6.18% since September 15, 2017 and is uptrending. It has underperformed by 9.44% the S&P500.

Analysts await Coca-Cola European Partners plc (NYSE:CCE) to report earnings on November, 6. They expect $0.86 EPS, up 7.50 % or $0.06 from last year’s $0.8 per share. CCE’s profit will be $415.07 million for 13.23 P/E if the $0.86 EPS becomes a reality. After $0.80 actual EPS reported by Coca-Cola European Partners plc for the previous quarter, Wall Street now forecasts 7.50 % EPS growth.

Coca-Cola European Partners plc, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready-to-drink beverages. The company has market cap of $21.96 billion. It offers drinks primarily under the Coca-Cola, Diet Coke/Coca-Cola Light, Coke Zero, Coca-Cola Life, Fanta, and Sprite brands. It has a 28.93 P/E ratio. The firm also provides energy drinks, waters, juices, sports drinks and ready-to-drink teas.

More recent Coca-Cola European Partners plc (NYSE:CCE) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For September 14, 2018” on September 14, 2018. Also 247Wallst.com published the news titled: “7 Large Foreign Stocks With Big Upside for US Investors” on September 10, 2018. Benzinga.com‘s news article titled: “30 Stocks Moving In Wednesday’s Pre-Market Session” with publication date: September 12, 2018 was also an interesting one.

Coca-Cola European Partners plc (NYSE:CCE) Ratings Chart

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