Coca-Cola Europacific Partners (LON:CCEP) Trading Down 1.5% – Should You Sell?

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP) fell 1.5% on Tuesday . The company traded as low as GBX 7,565 and last traded at GBX 7,570. 12,769,670 shares changed hands during mid-day trading, an increase of 68% from the average session volume of 7,600,625 shares. The stock had previously closed at GBX 7,685.

Analyst Upgrades and Downgrades

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 research note on Tuesday, April 7th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Coca-Cola Europacific Partners currently has a consensus rating of “Buy” and a consensus target price of GBX 8,320.

Coca-Cola Europacific Partners Stock Performance

The company has a current ratio of 0.80, a quick ratio of 0.66 and a debt-to-equity ratio of 136.54. The company has a market cap of £33.52 billion, a P/E ratio of 17.77, a PEG ratio of 1.94 and a beta of 0.47. The business’s 50 day simple moving average is GBX 7,112.96 and its 200 day simple moving average is GBX 7,085.48.

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.