Coca-Cola Enterprises Inc. (NYSE:CCE) saw strong trading volume on Friday . 2,353,716 shares were traded during mid-day trading, an increase of 7% from the previous session’s volume of 2,195,221 shares.The stock last traded at $38.47 and had previously closed at $38.41.

A number of brokerages recently weighed in on CCE. Zacks Investment Research raised Coca-Cola Enterprises from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 2nd. Societe Generale raised Coca-Cola Enterprises from a “hold” rating to a “buy” rating in a report on Tuesday, July 19th. Susquehanna reissued a “hold” rating on shares of Coca-Cola Enterprises in a report on Sunday, July 17th. Evercore ISI reissued a “buy” rating on shares of Coca-Cola Enterprises in a report on Sunday, June 26th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $47.00 price objective on shares of Coca-Cola Enterprises in a report on Friday, June 10th. Seven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Coca-Cola Enterprises currently has a consensus rating of “Buy” and an average target price of $50.81.

The firm has a 50 day moving average price of $36.63 and a 200 day moving average price of $45.46. The firm has a market cap of $18.81 billion and a PE ratio of 26.77.

A number of large investors have recently bought and sold shares of the company. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its stake in Coca-Cola Enterprises by 3.9% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 28,598 shares of the company’s stock valued at $1,408,000 after buying an additional 1,074 shares during the last quarter. Stephens Inc. AR boosted its stake in Coca-Cola Enterprises by 2.8% in the fourth quarter. Stephens Inc. AR now owns 35,889 shares of the company’s stock valued at $1,767,000 after buying an additional 961 shares during the last quarter. State of Tennessee Treasury Department boosted its stake in Coca-Cola Enterprises by 55.2% in the fourth quarter. State of Tennessee Treasury Department now owns 137,075 shares of the company’s stock valued at $6,749,000 after buying an additional 48,775 shares during the last quarter. Schroder Investment Management Group boosted its stake in Coca-Cola Enterprises by 2.3% in the fourth quarter. Schroder Investment Management Group now owns 144,422 shares of the company’s stock valued at $7,111,000 after buying an additional 3,304 shares during the last quarter. Finally, American International Group Inc. boosted its stake in Coca-Cola Enterprises by 3.8% in the fourth quarter. American International Group Inc. now owns 159,901 shares of the company’s stock valued at $7,874,000 after buying an additional 5,887 shares during the last quarter.

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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