Coca-Cola Enterprises Inc. (NYSE:CCE) will issue its quarterly earnings data on Thursday, September 22nd. Analysts expect the company to announce earnings of $0.74 per share for the quarter.

Coca-Cola Enterprises Inc. (NYSE:CCE) opened at 39.75 on Wednesday. The firm has a market capitalization of $19.40 billion, a price-to-earnings ratio of 27.60 and a beta of 1.06. Coca-Cola Enterprises Inc. has a one year low of $33.67 and a one year high of $54.54. The stock has a 50 day moving average of $38.62 and a 200 day moving average of $43.76.

Several analysts recently commented on CCE shares. Evercore ISI reiterated a “buy” rating on shares of Coca-Cola Enterprises in a research note on Sunday, June 26th. Susquehanna reiterated a “hold” rating on shares of Coca-Cola Enterprises in a research note on Saturday, June 4th. Vetr upgraded shares of Coca-Cola Enterprises from a “hold” rating to a “strong-buy” rating and set a $55.50 price objective for the company in a research note on Tuesday, May 31st. Zacks Investment Research upgraded shares of Coca-Cola Enterprises from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 2nd. Finally, Societe Generale upgraded shares of Coca-Cola Enterprises from a “hold” rating to a “buy” rating in a research report on Tuesday, July 19th. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Coca-Cola Enterprises has an average rating of “Buy” and a consensus price target of $50.54.

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Several large investors have recently modified their holdings of the company. US Bancorp DE increased its stake in shares of Coca-Cola Enterprises by 8.5% in the second quarter. US Bancorp DE now owns 22,666 shares of the company’s stock worth $809,000 after buying an additional 1,768 shares during the period. Wetherby Asset Management Inc. increased its stake in shares of Coca-Cola Enterprises by 2.5% in the second quarter. Wetherby Asset Management Inc. now owns 5,932 shares of the company’s stock worth $212,000 after buying an additional 145 shares during the period. Public Sector Pension Investment Board increased its stake in shares of Coca-Cola Enterprises by 22.5% in the second quarter. Public Sector Pension Investment Board now owns 41,250 shares of the company’s stock worth $1,480,000 after buying an additional 7,572 shares during the period. Sei Investments Co. increased its stake in shares of Coca-Cola Enterprises by 206.5% in the second quarter. Sei Investments Co. now owns 292,678 shares of the company’s stock worth $10,446,000 after buying an additional 197,190 shares during the period. Finally, BlueMountain Capital Management LLC increased its stake in shares of Coca-Cola Enterprises by 772.1% in the second quarter. BlueMountain Capital Management LLC now owns 96,979 shares of the company’s stock worth $3,461,000 after buying an additional 85,859 shares during the period. Institutional investors and hedge funds own 27.13% of the company’s stock.

About Coca-Cola Enterprises

Coca-Cola Enterprises, Inc (CCE) markets, produces and distributes nonalcoholic beverages. The Company serves customers across Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. The Company’s segments include Europe and Corporate. CCE is The Coca-Cola Company’s strategic bottling partner in Western Europe.

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