Coca-Cola Europacific Partners (LON:CCEP) Shares Up 1.9% – What’s Next?

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP) shot up 1.9% on Tuesday . The stock traded as high as GBX 7,435 and last traded at GBX 7,260. 225,300 shares were traded during mid-day trading, a decline of 98% from the average session volume of 10,569,915 shares. The stock had previously closed at GBX 7,125.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 8,320 price target on shares of Coca-Cola Europacific Partners in a research note on Tuesday, April 7th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, 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 company has a market cap of £32.35 billion, a P/E ratio of 17.04, a P/E/G ratio of 1.94 and a beta of 0.51. The firm has a 50 day moving average price of GBX 7,374.50 and a 200-day moving average price of GBX 7,008.70. The company has a debt-to-equity ratio of 143.28, a quick ratio of 0.66 and a current ratio of 0.80.

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.