Share on StockTwits

Coca-Cola Enterprises (NYSE:CCE) hit a new 52-week high during trading on Tuesday , Analyst Ratings Net reports. The company traded as high as $45.25 and last traded at $45.25, with a volume of 1,079,165 shares. The stock had previously closed at $44.74.

A number of research firms have recently commented on CCE. Analysts at Socgen raised their price target on shares of Coca-Cola Enterprises from $42.50 to $46.00 in a research note on Friday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Coca-Cola Enterprises in a research note on Thursday, February 6th. They now have a $46.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Coca-Cola Enterprises in a research note on Friday, December 20th. They now have a $47.00 price target on the stock, up previously from $45.00. One analyst has rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $45.31.

The stock’s 50-day moving average is $43.87 and its 200-day moving average is $41.15. The company has a market cap of $11.695 billion and a P/E ratio of 18.34.

Coca-Cola Enterprises (NYSE:CCE) last announced its earnings results on Wednesday, February 5th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by $0.01. The company had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the previous year, the company posted $0.34 earnings per share. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. On average, analysts predict that Coca-Cola Enterprises will post $2.86 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, March 20th. Stockholders of record on Friday, March 7th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Wednesday, March 5th. This is a boost from Coca-Cola Enterprises’s previous quarterly dividend of $0.20.

Coca-Cola Enterprises, Inc (NYSE:CCE) markets, produces, and distributes nonalcoholic beverages.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.