Coca-Cola European Partners plc (CCEP) Receives a Buy from Jefferies


In a report issued on February 14, Kevin Grundy from Jefferies maintained a Buy rating on Coca-Cola European Partners plc (CCEP), with a price target of $56. The company’s shares closed on Friday at $46.68.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 5.6% and a 61.2% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Interlink Electronics, Inc., Constellation Brands Inc, and Edgewell Personal Care.

Currently, the analyst consensus on Coca-Cola European Partners plc is a Strong Buy with an average price target of $53.

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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 1.33M.

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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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