Barclays Sticks to Its Buy Rating for Coca-Cola European Partners plc (CCEP)


Barclays analyst Lauren Lieberman maintained a Buy rating on Coca-Cola European Partners plc (CCEP) on February 15 and set a price target of $51. The company’s shares closed on Friday at $46.68.

According to TipRanks.com, Lieberman is a 1-star analyst with an average return of -0.5% and a 48.0% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Constellation Brands Inc, and Edgewell Personal Care.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coca-Cola European Partners plc with a $52.60 average price target, which is a 12.7% upside from current levels. In a report issued on February 14, Jefferies also maintained a Buy rating on the stock with a $56 price target.

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The company has a one-year high of $49.43 and a one-year low of $37.38. Currently, Coca-Cola European Partners plc has an average volume of 1.32M.

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Coca-Cola European Partners Plc engages in the distribution and sale of ready-to-drink beverages. IT operates through the following brands: Coca-Cola, Diet Coke or Coca-Cola Light, Coke Zero, Coca-Cola Life, Fanta, and Sprite. It also offers energy drinks, waters, juices, sports drinks, and ready-to-drink teas.

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