Headlines about Coca-Cola European Partners PLC (NYSE:CCE) have trended positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Coca-Cola European Partners PLC earned a media sentiment score of 0.32 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 82 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
Several research firms have recently issued reports on CCE. UBS AG reissued a “buy” rating and set a $44.00 target price (up from $42.00) on shares of Coca-Cola European Partners PLC in a research note on Friday, May 5th. Barclays PLC reissued a “buy” rating and set a $44.00 target price on shares of Coca-Cola European Partners PLC in a research note on Sunday, May 7th. Jefferies Group LLC reissued a “hold” rating and set a $42.00 target price on shares of Coca-Cola European Partners PLC in a research note on Wednesday, June 14th. Zacks Investment Research raised shares of Coca-Cola European Partners PLC from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research note on Monday, July 10th. Finally, Deutsche Bank AG lowered shares of Coca-Cola European Partners PLC from a “buy” rating to a “hold” rating in a research note on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $43.57.
Coca-Cola European Partners PLC (NYSE CCE) traded up 0.28% on Friday, reaching $43.28. 957,145 shares of the company’s stock were exchanged. The firm has a market capitalization of $20.52 billion, a price-to-earnings ratio of 26.31 and a beta of 0.95. The stock’s 50 day moving average price is $41.32 and its 200 day moving average price is $38.09. Coca-Cola European Partners PLC has a 1-year low of $30.55 and a 1-year high of $43.59.
Coca-Cola European Partners PLC (NYSE:CCE) last posted its quarterly earnings results on Thursday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.02. Coca-Cola European Partners PLC had a net margin of 6.35% and a return on equity of 15.29%. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same period last year, the firm posted $0.41 EPS. On average, analysts expect that Coca-Cola European Partners PLC will post $2.43 earnings per share for the current year.
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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.
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