Coca-Cola Europacific Partners (LON:CCEP) Stock Price Up 0.4% – What’s Next?

Coca-Cola Europacific Partners PLC (LON:CCEP) shares were up 0.4% during mid-day trading on Friday . The company traded as high as GBX 7,850 and last traded at GBX 7,810. Approximately 202,492 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 643,951 shares. The stock had previously closed at GBX 7,780.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft raised their price target on shares of Coca-Cola Europacific Partners from GBX 8,120 to GBX 8,340 and gave the stock a “buy” rating in a research report on Friday, November 28th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 8,340.

Coca-Cola Europacific Partners Stock Performance

The company has a 50-day moving average of GBX 6,839.60 and a 200-day moving average of GBX 6,778.72. The firm has a market capitalization of £35.03 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 1.94 and a beta of 0.75. The company has a current ratio of 0.85, a quick ratio of 0.66 and a debt-to-equity ratio of 144.80.

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.