Coca-Cola Europacific Partners (LON:CCEP) Stock Price Up 2.5% – Should You Buy?

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

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 8,320 price objective on shares of Coca-Cola Europacific Partners in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 8,320.

Coca-Cola Europacific Partners Trading Down 0.1%

The stock has a fifty day moving average of GBX 7,022.86 and a 200 day moving average of GBX 7,031.99. 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 company has a market capitalization of £32.46 billion, a PE ratio of 17.21, a PEG ratio of 1.94 and a beta of 0.49.

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.