Traders sold shares of Coca-Cola Enterprises Inc. (NYSE:CCE) on strength during trading hours on Wednesday. $10.27 million flowed into the stock on the tick-up and $35.80 million flowed out of the stock on the tick-down, for a money net flow of $25.53 million out of the stock. Of all stocks tracked, Coca-Cola Enterprises had the 0th highest net out-flow for the day. Coca-Cola Enterprises traded up $0.02 for the day and closed at $38.24

Several brokerages have issued reports on CCE. Susquehanna reaffirmed 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. Vetr raised Coca-Cola Enterprises from a “hold” rating to a “strong-buy” rating and set a $55.50 price target on the stock in a report on Tuesday, May 31st. Credit Agricole SA lowered their price target on Coca-Cola Enterprises from $60.00 to $45.00 and set an “outperform” rating on the stock in a report on Wednesday, June 1st. Finally, Stifel Nicolaus began coverage on Coca-Cola Enterprises in a report on Wednesday, June 1st. They set a “buy” rating on the stock. Seven investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Coca-Cola Enterprises presently has a consensus rating of “Buy” and an average price target of $50.81.

The stock’s 50 day moving average price is $36.98 and its 200-day moving average price is $45.30. The company has a market capitalization of $18.66 billion and a P/E ratio of 26.56.

Several large investors have made changes to their positions in CCE. Stephens Inc. AR increased its stake 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 worth $1,767,000 after buying an additional 961 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of 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 worth $1,408,000 after buying an additional 1,074 shares in the last quarter. Principal Financial Group Inc. increased its stake in shares of Coca-Cola Enterprises by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 320,883 shares of the company’s stock worth $15,800,000 after buying an additional 1,826 shares in the last quarter. State of Tennessee Treasury Department increased its stake 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 worth $6,749,000 after buying an additional 48,775 shares in the last quarter. Finally, BlackRock Advisors LLC increased its stake 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 worth $16,416,000 after buying an additional 68,197 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.

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