Coca-Cola Europacific Partners (LON:CCEP) Shares Down 0.5% – Should You Sell?

Coca-Cola Europacific Partners PLC (LON:CCEP)’s stock price was down 0.5% during trading on Friday . The stock traded as low as GBX 7,460 and last traded at GBX 7,620. Approximately 522,960 shares traded hands during mid-day trading, a decline of 7% from the average daily volume of 561,234 shares. The stock had previously closed at GBX 7,660.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised their price objective on 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 analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 8,340.

Coca-Cola Europacific Partners Price Performance

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 firm has a market capitalization of £34.15 billion, a PE ratio of 17.89, a price-to-earnings-growth ratio of 1.94 and a beta of 0.39. The business has a 50-day moving average of GBX 7,132 and a 200 day moving average of GBX 6,882.19.

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.