Coca-Cola Europacific Partners (LON:CCEP) Stock Price Down 0.4% – What’s Next?

Coca-Cola Europacific Partners PLC (LON:CCEP)’s stock price was down 0.4% during trading on Wednesday. The stock traded as low as GBX 7,675 and last traded at GBX 7,700. Approximately 163,309 shares traded hands during trading, a decline of 97% from the average daily volume of 5,018,135 shares. The stock had previously closed at GBX 7,730.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Coca-Cola Europacific Partners from GBX 8,480 to GBX 8,725 and gave the company a “buy” rating in a report on Wednesday, September 16th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 8,725.

Coca-Cola Europacific Partners Price Performance

The company has a debt-to-equity ratio of 147.25, a quick ratio of 0.66 and a current ratio of 0.89. The firm has a market capitalization of £33.86 billion, a P/E ratio of 17.34, a price-to-earnings-growth ratio of 1.94 and a beta of 0.47. The company has a 50-day moving average price of GBX 7,829 and a 200-day moving average price of GBX 7,483.75.

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.