Coca-Cola Europacific Partners (LON:CCEP) Stock Price Up 1.8% – Should You Buy?

Coca-Cola Europacific Partners PLC (LON:CCEP)’s share price rose 1.8% during mid-day trading on Tuesday . The company traded as high as GBX 6,930 and last traded at GBX 6,865. Approximately 93,464 shares changed hands during trading, a decline of 99% from the average daily volume of 9,047,453 shares. The stock had previously closed at GBX 6,743.50.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 8,320 target price 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 data from MarketBeat.com, Coca-Cola Europacific Partners currently has an average rating of “Buy” and a consensus target price of GBX 8,320.

Coca-Cola Europacific Partners Trading Up 1.8%

The company has a market capitalization of £30.40 billion, a price-to-earnings ratio of 16.12, a price-to-earnings-growth ratio of 1.94 and a beta of 0.49. The company has a debt-to-equity ratio of 143.28, a quick ratio of 0.66 and a current ratio of 0.80. The firm has a fifty day moving average price of GBX 7,114.56 and a 200-day moving average price of GBX 7,016.11.

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.