Coca-Cola Europacific Partners (LON:CCEP) Trading Up 0.6% – What’s Next?

Coca-Cola Europacific Partners PLC (LON:CCEP)’s share price shot up 0.6% during mid-day trading on Tuesday . The stock traded as high as GBX 7,940 and last traded at GBX 7,940. Approximately 118,521 shares were traded during mid-day trading, a decline of 98% from the average session volume of 6,698,486 shares. The stock had previously closed at GBX 7,890.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 8,320 price objective on shares of Coca-Cola Europacific Partners in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Coca-Cola Europacific Partners presently has a consensus rating of “Buy” and an average target price of GBX 8,320.

Coca-Cola Europacific Partners Stock Performance

The company has a debt-to-equity ratio of 136.54, a quick ratio of 0.66 and a current ratio of 0.80. The firm has a 50 day moving average price of GBX 7,371.86 and a two-hundred day moving average price of GBX 7,201.04. The company has a market capitalization of £35.16 billion, a P/E ratio of 18.64, a price-to-earnings-growth ratio of 1.94 and a beta of 0.47.

Coca-Cola Europacific Partners Company Profile

Coca-Cola Europacific Partners is the world’s largest independent Coca-Cola bottler by revenue. Our employees make, sell and distribute the world’s most loved drinks brands, serving a consumer population of more than 600 million across 29 markets.