Kepler Capital Sticks to Its Buy Rating for Coca-Cola European Partners (CCEP)
Kepler Capital analyst Richard Withagen maintained a Buy rating on Coca-Cola European Partners (CCEP) on November 9 and set a price target of EUR43.00. The company’s shares closed last Tuesday at $40.70.
According to TipRanks.com, Withagen is ranked #6747 out of 7061 analysts.
Currently, the analyst consensus on Coca-Cola European Partners is a Moderate Buy with an average price target of $48.27, implying a 21.2% upside from current levels. In a report issued on October 28, Barclays also maintained a Buy rating on the stock with a $68.00 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 1.4M.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.
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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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