Coca-Cola Europacific Partners (LON:CCEP) Trading 0.6% Higher – Here’s Why

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP) were up 0.6% during trading on Tuesday . The stock traded as high as GBX 7,940 and last traded at GBX 7,940. Approximately 118,521 shares were traded during mid-day trading, a decline of 98% from the average session volume of 6,698,486 shares. The stock had previously closed at GBX 7,890.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 8,320 price target on shares of Coca-Cola Europacific Partners in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 8,320.

Coca-Cola Europacific Partners Stock Performance

The stock has a fifty day simple moving average of GBX 7,394.36 and a two-hundred day simple moving average of GBX 7,208.40. The company has a debt-to-equity ratio of 136.54, a quick ratio of 0.66 and a current ratio of 0.80. The stock has a market capitalization of £34.49 billion, a price-to-earnings ratio of 18.29, a P/E/G ratio of 1.94 and a beta of 0.47.

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.