BNP Paribas analyst Exane BNP Paribas initiated coverage with a Hold rating on Coca-Cola European Partners (CCEP) yesterday and set a price target of $58.00. The company’s shares closed last Wednesday at $55.74, close to its 52-week high of $57.38.
Coca-Cola European Partners has an analyst consensus of Moderate Buy, with a price target consensus of $57.25.
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The company has a one-year high of $57.38 and a one-year low of $34.02. Currently, Coca-Cola European Partners has an average volume of 810.8K.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CCEP in relation to earlier this year.
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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. The company was founded on August 4, 2015 and is headquartered in Uxbridge, the United Kingdom.
