Coca-Cola Europacific Partners (LON:CCEP) Reaches New 12-Month High – What’s Next?

Coca-Cola Europacific Partners PLC (LON:CCEP)’s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 8,260 and last traded at GBX 8,230, with a volume of 256801 shares traded. The stock had previously closed at GBX 8,120.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued 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 data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 8,320.

Coca-Cola Europacific Partners Trading Up 1.4%

The business has a fifty day moving average of GBX 7,466.70 and a 200-day moving average of GBX 7,239.21. The stock has a market capitalization of £36.44 billion, a price-to-earnings ratio of 19.32, a price-to-earnings-growth ratio of 1.94 and a beta of 0.47. The company has a debt-to-equity ratio of 136.54, a current ratio of 0.80 and a quick ratio of 0.66.

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.