Coca-Cola Europacific Partners (LON:CCEP) Stock Price Up 0.1% – Still a Buy?

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP) shot up 0.1% during mid-day trading on Wednesday. The company traded as high as GBX 8,400 and last traded at GBX 8,355. Approximately 312,418 shares were traded during trading, a decline of 93% from the average daily volume of 4,681,418 shares. The stock had previously closed at GBX 8,345.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft upped their price target on Coca-Cola Europacific Partners from GBX 8,480 to GBX 8,725 and gave the stock a “buy” rating in a research note on Wednesday, September 16th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 8,725.

Coca-Cola Europacific Partners Trading Up 3.5%

The company has a debt-to-equity ratio of 147.25, a current ratio of 0.89 and a quick ratio of 0.66. The business’s 50-day simple moving average is GBX 7,934.60 and its two-hundred day simple moving average is GBX 7,497.04. The stock has a market capitalization of £37.51 billion, a price-to-earnings ratio of 19.21, a PEG ratio of 1.94 and a beta of 0.47.

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.