Coca-Cola Europacific Partners (LON:CCEP) Trading Up 2.5% – What’s Next?

Shares of Coca-Cola Europacific Partners PLC (LON:CCEP) shot up 2.5% on Tuesday . The company traded as high as GBX 7,295 and last traded at GBX 7,280. 21,060,641 shares were traded during mid-day trading, an increase of 160% from the average session volume of 8,090,265 shares. The stock had previously closed at GBX 7,105.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 8,320 price target on shares of Coca-Cola Europacific Partners in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 8,320.

Coca-Cola Europacific Partners Price Performance

The firm has a market cap of £32.23 billion, a price-to-earnings ratio of 17.09, a P/E/G ratio of 1.94 and a beta of 0.49. The company has a current ratio of 0.80, a quick ratio of 0.66 and a debt-to-equity ratio of 143.28. The company has a 50 day moving average of GBX 7,006.56 and a 200 day moving average of GBX 7,025.76.

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.