Coca-Cola Europacific Partners PLC (LON:CCEP – Get Free Report) hit a new 52-week high during mid-day trading on Thursday. The company traded as high as GBX 8,945 and last traded at GBX 8,880, with a volume of 61,100 shares changing hands. The stock had previously closed at GBX 8,805.
Analysts Set New Price Targets
Separately, Deutsche Bank lifted their price target on Coca-Cola Europacific Partners from GBX 8,480 to GBX 8,725 and gave the company a “buy” rating in a research report on Wednesday, September 16th. One analyst has rated the stock with a Buy rating. According to MarketBeat, Coca-Cola Europacific Partners has an average rating of “Buy” and an average price target of GBX 8,725.
Check Out Our Latest Analysis on CCEP
Coca-Cola Europacific Partners Stock Performance
The company has a current ratio of 0.89, a quick ratio of 0.66 and a debt-to-equity ratio of 147.25. The company’s 50-day moving average price is GBX 8,040.60 and its two-hundred day moving average price is GBX 7,578.79. The company has a market cap of £38.97 billion, a P/E ratio of 20.00, a price-to-earnings-growth ratio of 1.94 and a beta of 0.47.
About Coca-Cola Europacific Partners
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.
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