Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for Coca-Cola Europacific Partners (LON:CCEP)

Coca-Cola Europacific Partners (LON:CCEP)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 8,320 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 18.43% from the company’s current price.

Coca-Cola Europacific Partners Stock Performance

CCEP traded up GBX 25 during trading on Tuesday, hitting GBX 7,025. The stock had a trading volume of 151,456 shares, compared to its average volume of 12,612,448. The company has a 50 day moving average price of GBX 7,301.60 and a 200-day moving average price of GBX 6,944.08. The firm has a market cap of £31.30 billion, a price-to-earnings ratio of 16.49, a P/E/G ratio of 1.94 and a beta of 0.39. Coca-Cola Europacific Partners has a one year low of GBX 6,280 and a one year high of GBX 8,240. The company has a debt-to-equity ratio of 143.28, a current ratio of 0.80 and a quick ratio of 0.66.

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.