Stock To Watch: Coca-Cola Enterprises, Inc. (NYSE:CCE)


The leading market experts have placed a mean price target of $44.00 on Coca-Cola Enterprises, Inc. (NYSE:CCE) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.69 a share for the upcoming quarter and $2.27 for the current fiscal.

Technical View

The technical analysis of Coca-Cola European Partners plc plainly substantiates that the 50-day moving average of Coca-Cola European Partners plc is $36.98, and stock is trading $1.19 points away or +3.22% from its 50-day moving average of $36.98. Further it is trading $-7.13 or -15.73% away its 200-day moving average of $45.30. Coca-Cola Enterprises, Inc. (NYSE:CCE) 52-week high is $54.54 and the 52-week low is $33.67.

This explains if the stock moves $-16.37, it will post a 52-week high. In event of +13.37% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Coca-Cola European Partners plc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Coca-Cola Enterprises, Inc. (NYSE:CCE) ratio came in at 26.51.

The stock last ended the trading session at $38.17 and registered a market cap of $18.63B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Coca-Cola Enterprises, Inc. (NYSE:CCE) PEG ratio is at 1.83.

1 Chart Pattern Every Investor Should Know

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