Somewhat Positive Media Coverage Somewhat Unlikely to Affect Coca-Cola European Partners PLC (CCE) Share Price

Media coverage about Coca-Cola European Partners PLC (NYSE:CCE) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Coca-Cola European Partners PLC earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.8612593093877 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the media stories that may have impacted Accern’s rankings:

Shares of Coca-Cola European Partners PLC (CCE) traded up 0.44% during mid-day trading on Thursday, hitting $43.22. The company had a trading volume of 1,940,649 shares. The firm has a market capitalization of $20.49 billion, a price-to-earnings ratio of 25.86 and a beta of 0.95. Coca-Cola European Partners PLC has a 52-week low of $30.55 and a 52-week high of $44.75. The firm has a 50-day moving average price of $41.96 and a 200 day moving average price of $38.71.

Coca-Cola European Partners PLC (NYSE:CCE) last released its quarterly earnings data on Thursday, August 10th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.03. The business had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Coca-Cola European Partners PLC had a net margin of 6.35% and a return on equity of 15.29%. During the same period in the previous year, the company earned $0.56 EPS. Analysts expect that Coca-Cola European Partners PLC will post $2.48 earnings per share for the current year.

Several research analysts have issued reports on CCE shares. Barclays PLC restated a “buy” rating and set a $46.00 target price on shares of Coca-Cola European Partners PLC in a research report on Friday, July 21st. ABN Amro restated a “sell” rating on shares of Coca-Cola European Partners PLC in a research report on Friday, April 28th. Jefferies Group LLC restated a “hold” rating and set a $42.00 target price on shares of Coca-Cola European Partners PLC in a research report on Wednesday, June 14th. Zacks Investment Research upgraded Coca-Cola European Partners PLC from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research report on Monday, July 10th. Finally, TheStreet upgraded Coca-Cola European Partners PLC from a “c+” rating to a “b” rating in a research report on Thursday, May 4th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. Coca-Cola European Partners PLC has a consensus rating of “Hold” and a consensus target price of $43.57.

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Coca-Cola European Partners PLC Company Profile

Coca-Cola Enterprises, Inc (CCE) markets, produces and distributes nonalcoholic beverages. The Company serves customers across Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. The Company’s segments include Europe and Corporate. CCE is The Coca-Cola Company’s strategic bottling partner in Western Europe.

Insider Buying and Selling by Quarter for Coca-Cola European Partners PLC (NYSE:CCE)

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