Shares of Coca-Cola Enterprises Inc. (NYSE:CCE) saw an uptick in trading volume on Friday . 2,353,716 shares traded hands 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 have weighed in on CCE. Zacks Investment Research upgraded Coca-Cola Enterprises from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 2nd. Societe Generale upgraded Coca-Cola Enterprises from a “hold” rating to a “buy” rating in a report on Tuesday, July 19th. Susquehanna restated a “hold” rating on shares of Coca-Cola Enterprises in a report on Sunday, July 17th. Evercore ISI restated a “buy” rating on shares of Coca-Cola Enterprises in a report on Sunday, June 26th. Finally, Deutsche Bank AG restated a “buy” rating and set a $47.00 price objective on shares of Coca-Cola Enterprises in a report on Friday, June 10th. Seven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Coca-Cola Enterprises currently has a consensus rating of “Buy” and an average target price of $50.81.

The stock has a market cap of $18.81 billion and a PE ratio of 26.77. The stock’s 50 day moving average is $36.63 and its 200 day moving average is $45.46.

Several hedge funds and institutional investors have recently made changes to their positions in CCE. American International Group Inc. raised its position in shares of 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 in the last quarter. BlackRock Advisors LLC raised its position in shares of Coca-Cola Enterprises by 25.7% in the fourth quarter. BlackRock Advisors LLC now owns 333,377 shares of the company’s stock valued at $16,416,000 after buying an additional 68,197 shares in the last quarter. State of Tennessee Treasury Department raised its position in shares of 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 in the last quarter. BNP Paribas Arbitrage SA raised its position in shares of Coca-Cola Enterprises by 245.2% in the fourth quarter. BNP Paribas Arbitrage SA now owns 707,234 shares of the company’s stock valued at $34,824,000 after buying an additional 502,361 shares in the last quarter. Finally, Stephens Inc. AR raised its position in shares of 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 in 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.