Analyst Ratings for Coca-Cola European Partners PLC (CCE)Updated: 2017-07-28
Shares of Coca-Cola European Partners PLC (NYSE:CCE) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for CCE last month.
22 analysts issued ratings on the stock, where 8 gave CCE a buy rating, 1 issued an overweight rating, 11 issued a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
CCE was given price targets by several analysts. The highest price target was 41.8, implying potential capital gains of -3.15 percent. The minimum price target given was 32, implying potential capital losses of -25.86 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.03 percent on average, compared to last month. That number becomes -0.82 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 2.22 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 3.89 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.
The growth rate of CCE's earnings is estimated by analysts to be 63.68 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CCE is 0.47.
CCE has a 52-week high of 43.59 and a 52-week low of 30.55. Today's price is 41.28 percent above the 52-week low, and 0.99 percent lower than its 52-week high. CCE has a P/E ratio of 29.97. Investors typically compare the P/E ratio to a company's peers in the industry. The CCE value stock report compares CCE to some of its peers using value stock charts. The market cap of CCE is $17.9 billion. CCE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.