Analysts at Credit Suisse Group AG assumed coverage on shares of Coca-Cola Enterprises Inc. (NYSE:CCE) in a research report issued to clients and investors on Thursday. The firm set a “neutral” rating on the stock.

Other equities analysts have also issued research reports about the stock. Susquehanna reaffirmed a “hold” rating on shares of Coca-Cola Enterprises in a research report on Saturday, June 4th. Evercore ISI reiterated a “buy” rating on shares of Coca-Cola Enterprises in a research note on Sunday, June 26th. Deutsche Bank AG reiterated a “buy” rating and set a $47.00 price objective on shares of Coca-Cola Enterprises in a research note on Friday, June 10th. Credit Agricole SA decreased their price objective on shares of Coca-Cola Enterprises from $60.00 to $45.00 and set an “outperform” rating for the company in a research note on Wednesday, June 1st. Finally, Bank of America Corp. started coverage on shares of Coca-Cola Enterprises in a research note on Wednesday, June 1st. They set a “buy” rating for the company. Seven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Coca-Cola Enterprises has a consensus rating of “Buy” and an average price target of $50.54.

Shares of Coca-Cola Enterprises (NYSE:CCE) opened at 39.27 on Thursday. Coca-Cola Enterprises has a 52 week low of $33.67 and a 52 week high of $54.54. The firm has a market capitalization of $19.16 billion, a price-to-earnings ratio of 27.27 and a beta of 1.06. The company’s 50-day moving average is $38.36 and its 200 day moving average is $44.10.

A number of hedge funds and other institutional investors have recently bought and sold shares of CCE. Pioneer Investment Management Inc. increased its position in Coca-Cola Enterprises by 155.7% in the fourth quarter. Pioneer Investment Management Inc. now owns 476,613 shares of the company’s stock worth $23,468,000 after buying an additional 290,246 shares during the period. Norges Bank acquired a new stake in shares of Coca-Cola Enterprises during the fourth quarter worth $64,407,000. Chevy Chase Trust Holdings Inc. boosted its stake in shares of Coca-Cola Enterprises by 4.6% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 176,478 shares of the company’s stock worth $8,954,000 after buying an additional 7,796 shares during the period. DnB Asset Management AS boosted its stake in shares of Coca-Cola Enterprises by 122.5% in the first quarter. DnB Asset Management AS now owns 23,610 shares of the company’s stock worth $1,198,000 after buying an additional 13,000 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Coca-Cola Enterprises by 17.1% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 48,632 shares of the company’s stock worth $2,468,000 after buying an additional 7,100 shares during the period. Hedge funds and other institutional investors own 27.13% of the company’s stock.

Coca-Cola Enterprises Company Profile

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.

5 Day Chart for NYSE:CCE

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