Coca-Cola Europacific Partners (LON:CCEP) Trading Up 2.5% – What’s Next?

Coca-Cola Europacific Partners PLC (LON:CCEP)’s stock price was up 2.5% during mid-day trading on Tuesday . The stock traded as high as GBX 7,295 and last traded at GBX 7,280. Approximately 21,060,641 shares changed hands during trading, an increase of 160% from the average daily volume of 8,090,265 shares. The stock had previously closed at GBX 7,105.

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 research analyst has rated the stock with a Buy rating, According to MarketBeat.com, 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 stock has a 50 day moving average price of GBX 7,006.56 and a two-hundred day moving average price of GBX 7,025.76. The company has a current ratio of 0.80, a quick ratio of 0.66 and a debt-to-equity ratio of 143.28. The company has a market cap of £32.23 billion, a price-to-earnings ratio of 17.09, a P/E/G ratio of 1.94 and a beta of 0.49.

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.