Coca-Cola Europacific Partners (LON:CCEP) Shares Up 0.4% – Here’s What Happened

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP) traded up 0.4% during trading on Friday . The company traded as high as GBX 7,850 and last traded at GBX 7,810. 202,492 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 643,951 shares. The stock had previously closed at GBX 7,780.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Coca-Cola Europacific Partners from GBX 8,120 to GBX 8,340 and gave the company a “buy” rating in a report on Friday, November 28th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Coca-Cola Europacific Partners has a consensus rating of “Buy” and a consensus price target of GBX 8,340.

Coca-Cola Europacific Partners Stock Up 0.4%

The stock has a market cap of £35.03 billion, a PE ratio of 23.38, a P/E/G ratio of 1.94 and a beta of 0.75. The business has a 50 day moving average price of GBX 6,839.60 and a 200 day moving average price of GBX 6,782.96. The company has a quick ratio of 0.66, a current ratio of 0.85 and a debt-to-equity ratio of 144.80.

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.