Coca-Cola European Partners (CCEP) Gets a Buy Rating from Barclays


Barclays analyst Lauren Lieberman maintained a Buy rating on Coca-Cola European Partners (CCEP) on February 12 and set a price target of $75.00. The company’s shares closed last Friday at $51.42.

According to TipRanks.com, Lieberman is a 2-star analyst with an average return of 0.2% and a 51.7% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Reynolds Consumer Products, and Edgewell Personal Care.

Currently, the analyst consensus on Coca-Cola European Partners is a Moderate Buy with an average price target of $53.75, representing a 5.2% upside. In a report issued on February 8, Kepler Capital also maintained a Buy rating on the stock with a EUR43.00 price target.

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The company has a one-year high of $57.11 and a one-year low of $28.35. Currently, Coca-Cola European Partners has an average volume of 1.34M.

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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.

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