Coca-Cola Europacific Partners (LON:CCEP) Stock Price Up 0.8% – Time to Buy?

Coca-Cola Europacific Partners PLC (LON:CCEP) traded up 0.8% during mid-day trading on Friday . The company traded as high as GBX 6,680 and last traded at GBX 6,650. 256,955 shares traded hands during trading, a decline of 63% from the average session volume of 691,055 shares. The stock had previously closed at GBX 6,600.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft raised their target price 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 equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 8,340.

Coca-Cola Europacific Partners Stock Up 0.8%

The firm’s 50-day moving average price is GBX 6,732 and its 200-day moving average price is GBX 6,791.09. The company has a debt-to-equity ratio of 144.80, a current ratio of 0.85 and a quick ratio of 0.66. The company has a market cap of £29.83 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 1.94 and a beta of 0.75.

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.