Coca-Cola Europacific Partners (LON:CCEP) Trading Down 0.5% – What’s Next?

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

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft upped their target price on shares of Coca-Cola Europacific Partners from GBX 8,120 to GBX 8,340 and gave the stock a “buy” rating in a research note on Friday, November 28th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 8,340.

Coca-Cola Europacific Partners Price Performance

The firm has a fifty day moving average of GBX 7,132 and a two-hundred day moving average of GBX 6,882.19. The stock has a market capitalization of £34.15 billion, a P/E ratio of 17.89, a P/E/G ratio of 1.94 and a beta of 0.39. 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.