Coca-Cola Enterprises, Inc. (NYSE:CCE) has obtained a mean price target of $43.970 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.690 a share for the near-term quarter and $2.270 for this year.
The technical analysis of Coca-Cola European Partners plc clearly shows that the moving average of 50-days of Coca-Cola Enterprises, Inc. (NYSE:CCE) stock is $36.575, and is trading $0.800 points away or +2.186% from its 50-day moving average of $36.575. Further it is trading $-8.302 or -18.176% away its 200-day moving average of $45.677.
The 52-week high of Coca-Cola Enterprises, Inc. (NYSE:CCE) was $54.540 while $33.670 is the low in the same period. This state Coca-Cola European Partners plc shares price has to travel more than $-17.165 to register a new high of 52-weeks or drop +11.004% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of Coca-Cola European Partners plc, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Coca-Cola Enterprises, Inc. (NYSE:CCE) ratio came in at 25.955, which was derived by dividing current price of stock by yearly earnings. Coca-Cola European Partners plc stock recorded a close of $37.375 in last trading session, reaching a market cap of $18.24B.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Coca-Cola Enterprises, Inc. (NYSE:CCE) PEG ratio is at 1.750.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...